3V Infrastructure Launches to Expand Access to EV Charging and Accelerate Widespread Adoption of Electric Vehicles
2024年8月6日 - 7:00PM
ビジネスワイヤ(英語)
Company Secures Funding up to $40 Million from
an Affiliate of Greenbacker Capital Management to Bring Level 2
Charging Infrastructure to Multifamily Housing, Hotels, and Other
Long-Dwell Properties
3V Infrastructure, a new electric vehicle charging
infrastructure owner and operator, announced its formation today,
with a mission to accelerate widespread access to EV charging.
Staffed with top-tier talent, 3V Infrastructure builds and operates
Level 2 EV chargers in long-dwell properties such as multifamily
housing and hotels, eliminating upfront and ongoing costs for real
estate portfolio owners and managers. The company has secured a
commitment of up to $40 million from an affiliate of Greenbacker
Capital Management, that provides strategic growth capital to
leading energy transition companies.
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the full release here:
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Left: Aubrey Gunnels, Co-Founder and CEO
of 3V Infrastructure || Right: Ben Kanner, Co-Founder and COO of 3V
Infrastructure (Photo: 3V Infrastructure)
Currently, access to EV charging infrastructure is limited, with
EV adoption quickly outpacing the supply of chargers. A recent JD
Power study found that more than half of respondents cited a lack
of charging station availability as a reason for not buying an EV.
While there is a strong focus from private and public funding
sources on building Level 3 chargers in centralized, public
locations mirroring a gas station model, most Level 2 chargers are
currently located in single-family homes, limiting access for
drivers living in multifamily properties. 3V Infrastructure aims to
address this gap by providing Level 2 chargers to a broader market,
unlocking new customers and opportunities.
“3V Infrastructure is hyper-focused on an overlooked and
underfunded asset class of EV infrastructure: Level 2 chargers at
long-dwell properties,” said Aubrey Gunnels, Co-Founder and CEO of
3V Infrastructure. “Consumer behavior and market signals indicate
that drivers want to charge their vehicles like they charge their
cell phones - when they’re at rest for extended periods of
time.”
Research indicates that 27% of apartment tenants are interested
in EV charging as an amenity yet fewer than 5% of rental properties
offer it. Similarly, 20% of hotel guests expressed a need for EV
charging stations when staying overnight. This amenity is poised to
become as ubiquitous as Wi-Fi. Real estate portfolio owners and
managers control access to this demand, but building and
maintaining EV infrastructure is complex, time-intensive,
expensive, and non-core to their operations. 3V Infrastructure
eliminates substantial upfront capital expenditures and ongoing
costs for property owners. In-house experts work with a trusted
network of technology and deployment partners to handle operational
obstacles, from permitting and utility setup to ongoing maintenance
and monitoring.
“Our team brings deep expertise in EV technology, real estate,
construction, operations, energy, and public affairs. We’re a
passionate group driven by a common mission to build for a future
where EVs are ubiquitous,” says Ben Kanner, Co-Founder and COO of
3V Infrastructure. “3V Infrastructure believes that the right
combination of technology, infrastructure, and capital will unlock
the next generation of EV adoption.”
“Greenbacker is thrilled to partner with the founders of 3V to
tackle the Level 2 charging space,” said Quinn Pasloske, Principal
at Greenbacker and a member of 3V’s board of directors. “Working
with real estate owners to deliver accessible, affordable charging
to their tenants presents an extremely attractive risk-adjusted
return. 3V brings an infrastructure mindset to an emerging market
and, as an early mover, aims to capitalize on the long-term
fundamental value of the sector.”
3V is prioritizing work with real estate portfolio owners and
managers that have large portfolios of long-dwell properties, such
as apartments and hotels. 3V focuses on property owners and
managers with more than 20 sites in an effort to deploy projects
broadly and rapidly. Property owners need support to start building
today while preparing for the long-term infrastructure needed for
future generations; this is what 3V was built to solve, redefine,
and accelerate. To learn more about 3V Infrastructure and stay
apprised of upcoming projects, visit www.3vinfrastructure.com.
About 3V Infrastructure
3V Infrastructure is an electric vehicle charging (EV)
infrastructure investor, owner, and operator enabling widespread
access to EV charging. Working closely with a trusted network of
national technology and deployment partners, 3V builds and operates
Level 2 EV chargers in long-dwell properties such as housing and
hotels, eliminating upfront and ongoing costs for real estate
portfolio owners and managers including public and private REITs,
Separately Managed Accounts (SMAs), Family Offices, and Private RE
Owners. The 3V team brings deep expertise in EV technology, real
estate, construction, operations, energy and public affairs, and is
backed by industry leading investors including Greenbacker Capital
Management. With the right combination of technology,
infrastructure, and collaboration 3V Infrastructure aims to address
the market gap by providing Level 2 chargers to a broader market,
unlocking new customers and opportunities.
About Greenbacker Capital Management
Greenbacker Capital Management LLC is an SEC-registered
investment adviser that provides advisory and oversight services
related to project development, acquisition, and operations in the
renewable energy, energy efficiency, and sustainability industries.
For more information, please visit
https://greenbackercapital.com.
About Greenbacker Development Opportunities
Greenbacker Development Opportunities is a middle-market private
equity strategy that invests in growing sustainable infrastructure
platforms serving high-value markets across the US. The strategy is
managed by Greenbacker Capital Management, LLC. For more
information, please visit
https://greenbackercapital.com/greenbacker-development-opportunities.
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Media Contacts 3V Infrastructure
press@3vinfrastructure.com
Greenbacker Capital c.larson@greenbackercapital.com