EQT Majority Invests in Combined Voltera-Revel EV Charging Platform

Voltera and Revel have entered into a definitive agreement to combine to build, own, and operate fast-charging networks purpose-built for autonomous vehicles, electric fleets, and ride-hail deployment in dense urban markets. The combined platform is expected to have more than 1,000 charging stalls operational and under development across 11 major U.S. metro areas, operating under the Voltera brand with Revel CEO Frank Reig leading post-closing. EQT will be the majority owner, while Global Infrastructure Partners (BlackRock) retains a minority stake as Revel’s existing lead sponsor.