infrastructures

Managing Contract Risk Across a European EV Charging Portfolio

300+ long-term leases. 4 countries. 15–25 year commitments.

How DRIVECO uses AI-powered contract intelligence to stay in control of asset performance as its network scales.

The challenge

EV charging infrastructure spread across four European countries

DRIVECO operates charging stations in France, Spain, Belgium, and Italy. Its assets are governed by long-term contracts, each with:

Lease terms up to 25 years

Hundreds of contracts, amendments, and annexes

Hundreds of documents, annexes, and addenda

"We didn’t have clear visibility on all our commitments."

William Oliver

Head of Asset Management - DRIVECO

As the portfolio grew, the lack of contract visibility became a scaling risk.

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The Inflection Point

More than 300 active leases made SharePoint-based management unworkable

The Asset Management team needed a reliable, shared, accessible data layer.
What they needed:

Understand commitments at portfolio scale

Give operations teams direct access to trustworthy information

Avoid becoming an internal bottleneck

The Solution: Formality

A contract intelligence layer, powered by AI

DRIVECO deployed Formality across its entire footprint. The AI handles:

Extraction of key clauses, dates, and obligations

Direct contract queries through AI

Automatic contract structuring on contract import

“Instead of going through folders and annexes,

we can ask the AI.”

Gianella Olaya

Asset Management - DRIVECO

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AI doesn’t replace expertise.

It makes contractual information usable at scale.

Impact for Asset Management

From document hunting to risk control

300+

leases structured and queryable

4 countries

unified portfolio visibility

15–25 years

of tracked commitments across the network

Earlier detection of key dates and critical clauses per site

Compare contract performance country to country

Secure commitment tracking as the network expands

“Teams now escalate only when it’s critical.”

William Oliver

Head of Asset Management - DRIVECO

What’s next?

Driveco is extending Formality to:

Portfolio analysis
Large-scale risk, deadline, and commitment modeling

Clause analysis
Early identification of contract opportunities

Templates & pre-signature
Contract drafting and negotiation directly in the platform

Bottom Line

At the scale of a European network, value comes from applying consistent expertise continuously and uniformly: detecting risks earlier, controlling long-term performance, and managing every commitment over its lifetime.