TeraWatt Infrastructure Raises Over $1 Billion in Funding Round

By Global Infrastructure Sherpa · Jan 24, 2025

Financing Electric Vehicle Charging Infrastructure announced United States Jan 24, 2025

USD1B

Deal Value

development

Stage

TeraWatt Infrastructure secured over $1 billion in a funding round with participation from Vision Ridge Partners, Brookfield Renewable, First State Investments, Macquarie, and Coatue to expand its electric vehicle charging infrastructure.

Source Intelligence

KEY DETAILS

TeraWatt emerged from stealth in May 2021. "If you’ve never heard of TeraWatt, you probably aren’t alone — that’s because the company just emerged from stealth in May 2021."

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Deal Size

TeraWatt Infrastructure announced that it has raised over $1 billion to support the expansion of its growing network of charging stations.

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Location

Its charging center sites are currently in 18 states, positioned in places like core metro areas, logistic hubs and important highway corridors.

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Announcement

On Tuesday, EV fleet charging company TeraWatt Infrastructure announced that it has raised over $1 billion

PARTIES MENTIONED IN SOURCE

Vision Ridge Partners investor

"The massive raise was led by Vision Ridge Partners"