NextEra Energy part of joint venture to develop commercial EV charging network
NextEra Energy Resources, Daimler Truck North America, and BlackRock Alternatives are partnering on a joint venture to develop a network of commercial electric vehicle charging stations.
The $650 million initiative, called Greenlane, will design, develop, install, and operate a network of zero-emission public charging and hydrogen fueling stations for medium- and heavy-duty battery-electric and hydrogen fuel cell vehicles. It addresses the urgent need for nationwide electric charging infrastructure for commercial vehicles, especially for long-haul freight operations.
Greenlane’s first site will be in Southern California, with many additional sites being targeted along various freight routes. The network of charging sites will be built on critical freight routes along the east and west coasts of the country — and in Texas. The initial focus will be on battery-electric medium- and heavy-duty vehicles, followed by hydrogen fueling stations for fuel cell trucks. Ultimately, the plan is to expand access to light-duty vehicles in the future.
“NextEra Energy Resources is excited about the expected impact of our partnership with DTNA and BlackRock and the critical role that Greenlane will play in the decarbonization of the commercial transportation sector and the broader U.S. economy,” Rebecca Kujawa, president and CEO of NextEra Energy Resources, said. “As a publicly available charging network developed to serve medium and heavy-duty commercial fleets, Greenlane serves a critical infrastructure need for its customers utilizing newly developed charging and energy management software solutions while being powered by renewable energy.”
The companies will provide more information on Greenlane’s executive leadership and progress in the coming weeks and months.
“Greenlane is designed to begin to tackle one of the greatest hurdles to the trucking industry’s decarbonization – infrastructure,” John O’Leary, president and CEO of DTNA, said. “The nation’s fleets can only transform with the critical catalyst of publicly accessible charging designed to meet the needs for medium- and heavy-duty vehicles. Together with our strong partners, BlackRock and NextEra Energy Resources, we are launching Greenlane to address the unique demands of the industry, support our mutual customers, and provide a dual benefit to all electric vehicle drivers who will be able to utilize this new network.”
