EV Realty raises $75M, breaks ground on San Bernardino charging hub
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Private equity investor NGP and EV Realty’s management team have given EV Realty an additional $75 million in growth equity, which will go towards scaling its Powered Properties portfolio and the construction of its 76-stall fast-charging hub in San Bernardino, California. Additionally, EV Realty broke ground on the San Bernardino charging facility on Sept. 18, 2025.
“The market is experiencing near-term challenges, but the longer-term trend toward fleet electrification is unmistakable – vehicle technology is improving, battery costs are falling, and we’re enabling customers to make the transition economically today,” said EV Realty CEO Patrick Sullivan. “As a long-term partner, NGP shares our vision, and today’s groundbreaking on our first large-scale site in San Bernardino is a major step toward making this vision a reality.”
The San Bernardino charging hub is located near Interstates 10 and 215 and the San Bernardino Intermodal Facility. According to the company, it will offer 9.9 MW of grid capacity and 76 DC fast charging ports, including megawatt charging pull-through stalls, to serve regional and short-haul fleets in the Inland Empire freight and logistics market.
The South Coast Air Quality Management District is providing funding support for the charging hub, which also received a conditional award for the EnergIIZE Commercial Vehicles Project, funded by the California Energy Commission. The San Bernardino charging hub is scheduled to open later in 2025.