The charging network will provide
battery-electric commercial vehicles access to high-performance,
reliable and sustainable charging across the U.S.
PORTLAND, Ore., April 28,
2023 /PRNewswire/ -- Daimler Truck North America, LLC
(DTNA), NextEra Energy Resources, LLC and BlackRock Alternatives,
through a fund managed by its Climate Infrastructure business
(BlackRock), today announced Greenlane™, the name of their joint
venture to design, develop, install and operate a U.S. nationwide,
high-performance zero-emission public charging and hydrogen fueling
network for medium- and heavy-duty battery-electric and hydrogen
fuel cell vehicles. They also unveiled renderings of the site
layout as a major milestone in the development of the project.
Greenlane™ addresses the urgent need for a publicly available,
nationwide electric charging infrastructure for commercial
vehicles, especially for long-haul freight operations, and is a
critical step toward developing a sustainable zero-emission vehicle
ecosystem across North
America.
The more than $650 million joint
venture has made significant progress since its inception in 2022.
Greenlane's first site will be in Southern California, and multiple additional
sites are being acquired along various freight routes. The joint
venture team is collaborating on the necessary infrastructure to
holistically deploy the charging network. Dedicated software and
hardware teams are working on developing a custom, commercial
vehicle reservation platform to provide fleet managers, dispatchers
and drivers with an industry-leading customer experience.
The network of charging sites will be built on critical freight
routes along the east and west coasts and in Texas. Where
synergistic, Greenlane™ will leverage existing
infrastructure and amenities while also adding complementary
greenfield sites to fulfill anticipated customer demand.
Greenlane's initial focus will be on battery-electric medium- and
heavy-duty vehicles, followed by hydrogen fueling stations for fuel
cell trucks, with plans to expand access to light-duty vehicles in
the future to serve the greater goal of electrifying mobility.
"Greenlane is designed to begin to tackle one of the greatest
hurdles to the trucking industry's decarbonization –
infrastructure," said John O'Leary,
president and chief executive officer, DTNA. "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. We're excited to take this
next step and look forward to sharing more of Greenlane's plans 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," said
Rebecca Kujawa, president and chief
executive officer of NextEra Energy Resources. "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. Greenlane represents an important investment, leveraging
NextEra Energy Resources' market leading experience in energy,
analytics and infrastructure development to deliver end-to-end
networking charging solutions through our NextEra Mobility
subsidiary."
"Reliable charging infrastructure is a critical component of the
electrification of the commercial trucking industry. Greenlane
provides an exciting opportunity to partner with key players in the
energy transition and bring institutional capital to the growing
sector. We are thrilled to be taking the next step in this joint
venture with NextEra Energy Resources and Daimler Truck North
America and to install the charging network across key freight
routes in the United States," said
David Giordano, global head of
climate infrastructure, BlackRock Alternatives.
Details on Greenlane's executive leadership and groundbreaking
on the first site will be revealed soon.
For more information about Greenlane's commitment to sustainable
transportation, visit https://www.drivegreenlane.com/. Greenlane
will be in attendance at the 12th annual ACT Expo in
Anaheim, CA, taking place at the
Anaheim Convention Center from
May 1-4, 2023.
About Daimler Truck North America
Daimler Truck North
America LLC, headquartered in Portland,
Oregon, is a leading provider of comprehensive products and
technologies for the commercial transportation industry. Daimler
Truck North America designs, engineers, manufactures and markets
medium- and heavy-duty trucks, school buses, vehicle chassis and
their associated technologies and components under the
Freightliner, Western Star, Thomas Built Buses, Freightliner Custom
Chassis Corp and Detroit brands. Daimler Truck North America is a
subsidiary of Daimler Truck, one of the world's leading commercial
vehicle manufacturers.
About NextEra Energy Resources
NextEra Energy
Resources, LLC (together with its affiliated entities, "NextEra
Energy Resources") is a clean energy leader and is one of the
largest wholesale generators of electric power in the U.S., with
approximately 27,400 megawatts of total net generating capacity,
primarily in 40 states and Canada
as of year-end 2022. NextEra Energy Resources is the world's
largest generator of renewable energy from the wind and sun, a
world leader in battery storage and is driving the development of
the green hydrogen economy. The business operates clean,
emissions-free nuclear power generation facilities in New Hampshire and Wisconsin as part of the NextEra Energy
nuclear fleet. NextEra Energy Resources offers a wide range of
clean energy solutions to help businesses and customers across the
country meet their emissions reduction goals. NextEra Energy
Resources, LLC is a subsidiary of Juno
Beach, Florida-based NextEra Energy, Inc. (NYSE: NEE). For
more information, visit www.nexteraeneryresources.com.
About BlackRock Alternatives
BlackRock Alternatives
serves investors seeking outperformance in infrastructure, private
equity, credit, real estate, hedge funds and multi-alternatives. We
strive to bring our investors the highest quality investments by
drawing upon our global footprint, superior execution capabilities
and position as a preferred partner. BlackRock manages $320 billion in alternative investments and
commitments on behalf of clients worldwide as of March 31, 2023.
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SOURCE NextEra Energy Resources, LLC; Daimler Truck North
America, LLC (DTNA); BlackRock Alternatives