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Highland Electric Transportation raises $253M to accelerate electrification of school fleets Highland Electric Transportation, a provider of turnkey fleet solutions delivering the latest in zero-emission technologies to school districts and fleet managers, has raised $253 million to accelerate its growth. The financing was led by Vision Ridge Partners with participation by Fontinalis Partners and existing investors. Highland reduces the complexity of going electric by providing customers a full-service solution of electric vehicles that are owned, powered, and maintained by the company. This all-inclusive transportation-as-a-service model is the simple and cost-effective way for districts to transition their fleets. With technology solutions allowing vehicles to optimally charge and provide grid services, Highland is helping customers improve energy efficiency and resiliency.

United statesCity of beverlyBill fordChris cheeverEnergy marketEnergy regulatory commission orderFord motor companyHighland electric transportationVision ridge partnersFontinalis partnersExecutive chairmanFord motorPresident bidenBuild back betterFederal energy regulatory commission orderElectric transportation