EV Realty Raises $75 Million from NGP to Scale Fleet Charging, Breaks Ground on Major Charging Hub in San Bernardino
Growth equity commitment positions EV Realty to expand its strategic buildout of commercial fleet charging hubs
SAN FRANCISCO, Sept. 18, 2025 (GLOBE NEWSWIRE) — EV Realty today announced that it has secured an additional $75 million growth equity commitment from private equity investor NGP alongside contributions from EV Realty’s management team. This significant infusion of capital enables EV Realty to scale its Powered Properties® portfolio, including construction of the company’s first multi-fleet charging project, a 76-stall fast-charging hub for commercial fleets in San Bernardino, California capable of charging more than 200 Class 8 trucks per day.