# Terawatt Infrastructure

> Terawatt Infrastructure acquires, powers, builds, owns and operates charging depots for commercial electric and autonomous fleets. Its proposition is less like selling a charger and more like selling guaranteed access to a tiny, specialized utility: fleets avoid the real-estate hunt, utility queue, construction project and maintenance burden, then pay to charge at private, shared or dedicated sites. The company serves light-, medium- and heavy-duty vehicles, with customers ranging from PepsiCo and drayage operators to rideshare and autonomous fleets.

- **Founded:** 2018
- **Headquarters:** San Francisco, United States
- **Founders:** Neha Palmer (CEO and Co-founder), Benjamin Birnbaum (Co-founder and Board Director), John Rapaport (Co-founder), Ethan Goldsmith (Co-founder and Board Observer)
- **Team size:** Approximately 110 employees in supplied company data; LinkedIn lists 51-200
- **Products:** Fleet charging sites, Charging-as-a-Service, Charge Management Software, Autonomous and rideshare fleet infrastructure, I-10 electric freight corridor
- **Notable:** Raised more than $1 billion of institutional capital in 2022 for fleet-focused charging sites., Opened a 29-charger LAX-area depot in 2024 with commitments covering all chargers., The LAX-area depot delivered 4.52 million kWh and avoided an estimated 1,075 metric tons of CO2 equivalent during its first reporting year.

## Products & services

- **Fleet charging sites** — Private, shared or dedicated sites for light-, medium- and heavy-duty fleets, including real estate, utility power, chargers, security and driver amenities.
- **Charging-as-a-Service** — Terawatt finances, develops, owns, operates and maintains fleet charging so customers can replace major upfront infrastructure spending with operating expense.
- **Charge Management Software** — A centralized system for reservations, real-time monitoring, energy and scheduling insights, alerts, tickets and charging analytics.
- **Autonomous and rideshare fleet infrastructure** — Secure urban depots with charging, data connectivity, operational workflows and service-level-backed uptime for high-utilization fleets.
- **I-10 electric freight corridor** — A planned six-hub charging network between the Los Angeles/Long Beach port complex and El Paso for long-haul heavy-duty electric-truck operations.

## Achievements

- Raised more than $1 billion of institutional capital in 2022 for fleet-focused charging sites.
- Opened a 29-charger LAX-area depot in 2024 with commitments covering all chargers.
- The LAX-area depot delivered 4.52 million kWh and avoided an estimated 1,075 metric tons of CO2 equivalent during its first reporting year.
- Reported 100% average site uptime and greater than 99% average port uptime at the LAX-area depot over the reporting year.
- Opened the 7 MW, 20-stall Rancho Dominguez truck-charging hub in April 2025, designed for up to 125 trucks daily.
- Named to TIME and Statista's World’s Top GreenTech Companies 2025 and America’s Top GreenTech Companies 2025 lists.
- Reported 68 million miles of clean EV range delivered and 27 million kilograms of CO2 emissions abated by April 2026.
- Secured up to $300 million in debt financing in June 2026 for charging-depot expansion.

## Latest updates

- **2024-10** — Opened its first full-build light-duty fleet charging site near LAX in Inglewood, California.
- **2025-04** — Opened the Rancho Dominguez medium- and heavy-duty hub and added C.H. Robinson, DHL, Electrolux and IKEA to the I-10 coalition.
- **2025-11** — Opened a truck fast-charging site in Rialto, California, extending the electric lane between the ports and Inland Empire.
- **2026-03** — Announced a heavy-duty EV charging partnership with Velocity Vehicle Group and published a roadmap toward a broader autonomous-and-electric infrastructure platform.
- **2026-04** — Added Sujoy Haldar as CFO, Titiaan Palazzi as Chief Product & Strategy Officer and Nadeem Sheikh as Chief Business Officer.
- **2026-06** — Secured a five-year senior secured credit facility of up to $300 million for U.S. and international depot expansion.

## Links

- Website: https://www.terawattinfrastructure.com/
- LinkedIn: https://www.linkedin.com/company/terawatt-infrastructure/
- Twitter/X: https://twitter.com/terawattinfra

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Profile page: https://yespress.io/terawatt
Published by YesPress — https://yespress.io
Last updated: 2026-08-20