From EVwire · Simon Alvarez · · 1m 20s
Energea funds Tesla Supercharger expansion with $20M
Energea commits $20M to finance Tesla Supercharger sites, ChargedEV Hubs gets first $10M.
In brief
Energea commits $20M to finance Tesla Supercharger sites, ChargedEV Hubs gets first $10M. Energea provides $20 million for Tesla Supercharger sites, with ChargedEV Hubs receiving initial $10 million to expand charging infrastructure in the Southeast US. Originally reported by EVwire.
Energea's $20M Tesla Supercharger Deal
Energea commits $20 million to finance Tesla Supercharger sites, ChargedEV Hubs gets first $10 million.
ChargedEV Hubs Receives Initial Funding
ChargedEV, which develops and owns Tesla V4 Supercharger stations, secures $10 million for expansion across Southeast US.
Financing Structure Details
Monthly payments at fixed interest rate, seven-year amortization, first-priority secured interest in assets.
ChargedEV Hubs' Mission
ChargedEV was founded to democratize investment into high yield energy assets starting with Tesla Supercharger hubs.
“ChargedEV was founded with the goal of democratizing investment into high yield energy assets starting with our Tesla Supercharger powered charging hubs.”
Energea's Investment Strategy
Energea, a Chester, Connecticut-based platform, connects investors with energy infrastructure projects across US, Latin America, Africa and Brazil.
Energea's Solar Projects
Energea has facilitated over $500 million in investments, mostly in solar projects including Iron Spur Solar in Texas.
Investor Access
U.S. investors can participate in Energea's U.S. Energy Infrastructure portfolio for as little as $100.
ChargedEV's Growth
ChargedEV has powered tens of thousands of charging sessions across Georgia and North Carolina with expansion plans to Maryland, Florida and Texas.
The one thing
Energea provides $20 million for Tesla Supercharger sites, with ChargedEV Hubs receiving initial $10 million to expand charging infrastructure in the Southeast US.
