Zeem Solutions, Ev Fleet-As-A-Service Provider, Secures $50 Million Capital Investment From Affiliates Of Arclight Capital Partners, Announces Strategic Partnership With Laz Parking Realty Investors

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Founded in 2001, the firm helped pioneer an asset-based approach to investing in the energy sector. The firm believes that its two decades of power and renewables experience, as well as its deep track record across the energy value chain, provide differentiated insights that will help ArcLight, and its partners contribute to a net zero future. Funding under the commitment will enable Zeem Solutions to expand its innovative business model, which provides customers the opportunity to operate battery-electric trucks, vans, and shuttle buses for a flat monthly fee – inclusive of vehicle lease, charging, maintenance, and insurance – at a lower cost than owning and operating a gas or diesel fleet. The partnership will enable Zeem Solutions to accelerate growth of their electric vehicle offering by co-developing new charging and service depot locations as part of an aggressive national growth strategy. “Zeem Solutions has a bold goal to scale nationally and make the most energy- and cost-efficient vehicle technologies accessible to all fleet operators. “Zeem Solutions is thrilled to establish these relationships with LPRI and ArcLight and to leverage their proven track records in infrastructure funding and development,” said Bruce Shalett, Chairman of Zeem Solutions.