Greenlane: JV Structure (Daimler + NextEra + BlackRock) and Customer Fleet Partners
| Date / Milestone | Capital / Volume | Detail |
|---|---|---|
| 2023-04-19. JV announced | $650M initial commit (combined) | Daimler Truck Financial Services + NextEra Energy + BlackRock equal-ish stake structure; commits to development of a US heavy-duty charging-corridor network |
| 2023-Q3. Initial site portfolio announced | 5 corridor sites | Las Vegas + Colton CA + Bakersfield CA + Tehachapi CA + Sacramento CA; targets the I-15 + I-5 California-to-Las Vegas corridor |
| 2024-Q1. First sites enter construction | Colton + Tehachapi | Initial site groundbreaking; Greenlane characterizes as 'flagship' corridor sites |
| 2024-Q3. East Coast expansion announced | I-95 corridor sites | Greenlane announces I-95 New Jersey + Maryland + Virginia corridor sites for 2025 to 2026 buildout |
| 2025-Q3. First operational site opens | Colton CA (1 site) | First Greenlane site operational for commercial charging; Daimler Truck eCascadia fleet customers as launch tenants |
| 2025-Q4. Sacramento + Tehachapi open | +2 operational sites (3 total) | California I-5 corridor mostly complete for Phase 1; Performance Team + Penske + NFI fleets as anchor customers |
| Performance Team partnership | 50+ Class 8 eCascadias | Performance Team (Maersk subsidiary) operates one of the largest commercial humanoid-truck fleets in California; Greenlane is the primary public charging partner |
| NFI Industries partnership | 30+ eCascadias | 3PL with major Walmart + Target accounts; uses Greenlane for I-15 freight legs |
| Penske Logistics partnership | Multi-fleet customer | Penske runs a mixed Freightliner + Volvo + Mack BEV fleet; Greenlane is one of three primary charging partners (with TeraWatt + Voltera) |
| 2026 (target). Operational fleet of ~8 to 10 sites | Forecast | Greenlane targets ~10 operational sites by end-2026; California I-5 / I-15 corridors substantially complete; East Coast I-95 first sites operational |
| Editorial. Why the JV structure matters | Strategic context | Greenlane's 3-parent structure brings together (1) Daimler Truck's OEM relationship + customer pull, (2) NextEra's grid + renewable energy operating expertise, (3) BlackRock's infrastructure-investor capital + cost of capital. No competitor (TeraWatt, WattEV, Voltera, Forum Mobility) has comparable parent depth across the three dimensions |
Updated at 2025-Q4
Greenlane Sites: Operational and Planned
| Site | Chargers | Year (target or actual) |
|---|---|---|
| Colton, CA (Operational, flagship) | 40 | 2,025 |
| Blythe, CA (Construction, I-10 corridor) | 2,026 | |
| Greater Phoenix, AZ (Construction, I-10 corridor) | 2,026 | |
| Dallas, TX (Announced) | 2,027 | |
| Houston, TX (Announced) | 2,027 | |
| Port of Long Beach, CA (Planned) |
Updated at 2026-05
Greenlane in Semi Trucks
Greenlane
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$1.6B truck-charging JV between Daimler Truck, NextEra Energy Resources, and BlackRock. Operational Colton, CA flagship site with MCS capability.
Key Milestones
Apr 2023
Launch
Greenlane JV launched: Daimler Truck NA + NextEra Energy Resources + BlackRock alternative investments at $650M planned capex through 2030: first OEM-led national HD truck charging network targeting I-15, I-10 and I-95 freight spines
Sep 2023
Regulatory
Greenlane awarded ~$110M California Energy Commission grant for I-15 California-to-Las Vegas corridor; covers Colton, Bloomington, Baker and Las Vegas sites: anchors first cross-state HD charging spine in the US
Jun 2024
Expansion
First Greenlane charging site opens at Colton CA: 40 acres, 350 kW + MCS-ready bays, 24/7 attended operation: first OEM-affiliated public HD truck charging hub in the US, positioned mid-corridor for Long Beach drayage and I-15 outbound
Nov 2024
Expansion
Greenlane breaks ground on Bloomington CA and Baker CA sites along I-15 corridor; targets full California-to-Las Vegas spine online by Q2 2025 with 350 kW + MCS at every stop
Mar 2025
Expansion
Greenlane I-15 California-to-Las Vegas corridor goes online end-to-end (Colton, Bloomington, Baker, Las Vegas): first cross-state HD charging spine in the US; ~270 mi total span enables eCascadia / VNR Electric lane crossings