US companies Voltera and Revel have agreed to combine their businesses to create a charging infrastructure platform focused on electric fleets and autonomous vehicles. The merged company plans more than 1,000 charging stalls across 11 major US metropolitan markets.Image: VolteraFollowing completion of the transaction, the merged company will operate under the Voltera name and remain focused on urban EV infrastructure deployment. Current Revel CEO Frank Reig will lead the business, while current Voltera CEO Brett Hauser will step down from the role and continue in an advisory capacity focused on commercial strategy and transition support.Revel and Voltera said they will focus on deploying high-throughput fast-charging infrastructure designed for fleet and autonomous mobility applications in dense urban environments. They also emphasised that the combined network of operational and planned charging sites will create one of the largest dedicated charging footprints for fleet and autonomous vehicle operators in the United States.In addition to charging infrastructure for autonomous and ride-hail fleets, the new company wants to to expand into adjacent business areas, including charging solutions for non-autonomous commercial EV fleets, battery storage, energy management services and integrated fleet support offerings.EQT will become the majority owner of the combined company following completion of the transaction. Global Infrastructure Partners, part of BlackRock and Revel’s existing lead sponsor, will retain a minority stake.“Voltera and Revel have both spent years working to build charging infrastructure that works for the operators deploying fleets at scale in dense cities around the country,” said Frank Reig, incoming CEO of Voltera. “Bringing these teams together is the natural next step to deliver greater scale and stronger solutions in the key markets where fleet and autonomous vehicle customers need reliable infrastructure the most.”“I’m proud of what the Voltera team has built, from our development pipeline to the customer relationships and infrastructure platform we’ve established,” said Hauser. “Revel is the right partner for Voltera, with both companies recognising early on the importance of their shared vision for the future of EV charging infrastructure. I’m confident in the path ahead and believe the combined platform is well-positioned for the future.”volterapower.com