EV Realty Raises $75 Million from NGP to Scale Fleet Charging, Breaks Ground on Major Charging Hub in San Bernardino
Summary
EV Realty raised an additional $75 million in growth equity from NGP to expand its fleet charging platform. The company is using the capital to scale its Powered Properties portfolio and build its first multi-fleet charging site in San Bernardino. The new hub will support commercial truck fleets with 76 fast-charging stalls and more than 9.9 MW of grid capacity. EV Realty also highlighted recent partnerships and asset acquisitions as part of its broader growth strategy in fleet electrification.
Funding
Amount
$75.0M
Total raised
Date
September 18, 2025
Announcement date
Investors
CalPERS, NGP Energy Capital Management, ProLogis
Lead investors
Company
evrealtyus.com
Funded company
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