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NGP led a $28m funding round in EV Realty.

Synopsis

NGP, a private equity firm, led a $28m funding round in EV Realty, an EV infrastructure development platform. “We’re excited to partner with EV Realty as they are the first company to bring together a diverse executive team and investor group with experience from mobility, power, and real estate to support commercial fleet customers’ transition to electric vehicles. NGP has been at the forefront of backing innovative companies tackling the energy transition and we look forward to supporting the EV Realty team as they create this new real estate and infrastructure asset class and develop scalable, high-use charging projects within the constraints of the electric grid,” Greg Lyons, NGP Principal.

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