Infrastructure - MAY 19, 2022

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Inspiration announces $215m in new capital from Macquarie Asset Management and Ferrovial

by Released

Inspiration Mobility, a sustainable infrastructure platform exclusively dedicated to accelerating the electrification of transportation, has secured an additional $215 million of capital from new strategic partners Macquarie Asset Management and global infrastructure company Ferrovial, which join existing lead investor ArcLight Capital Partners.

The new funding brings the total investable capital raised to date to $415 million, enabling the company to accelerate its work electrifying commercial fleets.

“Now more than ever, fleets need a fully integrated partner to help ease their transition to electric. The combination of our team, our operating structure and available capital offers a single, integrated solution for fleets looking to overcome the costs and complexities of electrification,” said Josh Green, founder and CEO of Inspiration. “This new capital will enable us to accelerate the transition to clean, electric fleets that reduce costs for our customers wh

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