OBE Power Networks has secured funding to support advancing its EV Charging-as-a-Service (EV CaaS), thus enabling the company to expand its current Florida and Texas footprint to the entire country.
The senior secured funding facility was provided by Susi Energy Efficiency Fund II, managed by Susi Partners, a Swiss-based infrastructure investment manager.
OBE Power provides EV CaaS solutions in strategic urban locations through long-term exclusive agreements with investment grade hosts including municipalities, corporate headquarters, residential buildings, hospitals, and universities.
The company offers a broad suite of EV CaaS and Software as a Service (SaaS) solutions to both hosts and fleet managers and is targeting a 10-fold growth over the next three years based on projected market conditions. OBE Power is currently ranked as one of the top 15 charge point owners and operators in the United States.
