Gage Zero Announces Significant Investment To Electrify Fleets From Arc Financial

Gage Zero LLC ("Gage Zero"), a privately held company enabling the turnkey electrification of commercial transportation vehicles, today announced an investment led by ARC Financial Corp. ("ARC"), a North American energy-focused private equity manager. Along with financial partners, the companies plan to deploy upwards of $300 million in equity to develop electric vehicle (EV) charging infrastructure solutions for fleet customers.The Gage Zero team, led by founder and Chief Executive Officer Zeina El-Azzi, has experience building a combined USD $10 billion of utility-scale renewable energy and energy storage projects across the United States and around the globe. With its proven capabilities, the company is focused on deploying complex energy infrastructure economically and at scale."We are excited to be partnering with ARC Financial to provide affordable and scalable solutions for the electrification of fleets across the country," said El-Azzi