Voltera Solutions obtains $100M debt facility for ZEV charging infrastructure
Description:
Voltera Solutions develops, owns, and operates charging infrastructure for electric vehicles (EVs). Backed by global investment organization EQT, it plans to invest billions of dollars in deploying and scaling charging facilities, with the ultimate goal of accelerating the adoption of zero-emission vehicles (ZEVs). On August 13, Voltera secured a $100 million debt facility from ING Americas, ING's wholesale business in the Americas region, and Investec Bank plc (IBP), the banking subsidiary of Investec plc. The financing will be used to develop and improve multiple Voltera charging sites. By targeting areas with high EV density, Voltera aims to capitalize on this sustainable investment opportunity and support the widespread commercialization of ZEVs.
Leadership:
Matt Horton - Chief Executive Officer
Kit Ahuja - Energy Services & Operations
Thomas Ashley - Vice President, Government & Utility Relations
Jonathan Colbert - Marketing
Scott Fisher - Sales & Business Development
Sylvia Hendron - Chief Development Officer
Hannah Jacobus - Real Estate
Pack Janes - Investments & Strategic Partnership
Tyler Sentman - Strategic Finance
Bretty Hauser - Chairman of the Board
Randy Brouckman - Board Member
Julia Hamm - Board Member
Marie Robinson - Board Member
Erwin Thompson - Board Member
Edmund Wilson - Board Member
Investors:
ING - A global financial institution of Dutch origin, providing news, investor relations and general information. Has a network spanning over 40 countries and 60,000 employees and has committed €150B annually by 2027 to sustainability projects.
Investec - An Anglo-South African international banking and wealth management group.
EQT - A Swedish global investment organization founded in 1994. Invests in private equity, infrastructure, real estate, growth equity, and venture capital in Europe, North America, and Asia Pacific. As of 2022, AUM is ~ €210 billion / US$227 billion.
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