Gage Zero Announces Significant Investment To Electrify Fleets From Arc Financial
05/03/23, 1:08 PM
Location
austinIndustry
fleet management
transportation
Gage Zero LLC ("Gage Zero"), a privately held company enabling the turnkey electrification of commercial transportation vehicles, today announced an investment led by ARC Financial Corp. ("ARC"), a North American energy-focused private equity manager. Along with financial partners, the companies plan to deploy upwards of $300 million in equity to develop electric vehicle (EV) charging infrastructure solutions for fleet customers.The Gage Zero team, led by founder and Chief Executive Officer Zeina El-Azzi, has experience building a combined USD $10 billion of utility-scale renewable energy and energy storage projects across the United States and around the globe. With its proven capabilities, the company is focused on deploying complex energy infrastructure economically and at scale."We are excited to be partnering with ARC Financial to provide affordable and scalable solutions for the electrification of fleets across the country," said El-Azzi
Company Info
Location
austin, texas, united states
Additional Info
Gage Zero is a fleet electrification solutions company based in Austin, Texas focused on reducing fleet operational costs along with harmful emissions from transportation. We deliver end-to-end solutions that benefit fleet operators, enrich communities, and support local economies for the purpose of creating a healthy, decarbonized future. We believe industries working together can empower everyone to participate in a cleaner future and we delight in bringing innovations to reality. Learn more at gagezero.com.