3V Infrastructure and Camden Property Trust to Expand EV Charging Nationwide
3V Infrastructure, an EV charging infrastructure investor and operator, has announced a partnership with Camden Property Trust (NYSE: CPT), a leading multifamily residential operator. This collaboration aims to deploy EV charging stations across Camden's property portfolio, addressing the growing demand for accessible charging solutions in multifamily housing.
Key points:
- 3V will install, own, operate, and maintain Level 2 EV charging stations at Camden communities at no cost to Camden.
- Initial installations will occur in Austin, TX; Charlotte, NC; Phoenix, AZ; and various locations in California, with plans for nationwide expansion.
- Camden has chosen Loop Global as the charging hardware and software provider for the first phase of projects.
- This initiative responds to the fact that while 31% of U.S. housing is multifamily, fewer than 5% of rental communities currently offer onsite chargers.
3V Infrastructure, un investitore e operatore di infrastrutture per la ricarica di veicoli elettrici, ha annunciato una partnership con Camden Property Trust (NYSE: CPT), un operatore leader nel settore residenziale multifamiliare. Questa collaborazione ha l'obiettivo di installare stazioni di ricarica per veicoli elettrici nel portafoglio immobiliare di Camden, affrontando la crescente domanda di soluzioni di ricarica accessibili nelle abitazioni multifamiliari.
Punti chiave:
- 3V installerà, possiederà, gestirà e manutenere stazioni di ricarica di livello 2 presso le comunità Camden senza alcun costo per Camden.
- Le installazioni iniziali avverranno ad Austin, TX; Charlotte, NC; Phoenix, AZ; e in varie località della California, con piani per un'espansione a livello nazionale.
- Camden ha scelto Loop Global come fornitore di hardware e software per la ricarica per la prima fase dei progetti.
- Questa iniziativa risponde al fatto che, mentre il 31% delle abitazioni negli Stati Uniti è multifamiliare, meno del 5% delle comunità in affitto offre attualmente caricatori in loco.
3V Infrastructure, un inversor y operador de infraestructura de carga de vehículos eléctricos, ha anunciado una asociación con Camden Property Trust (NYSE: CPT), un operador líder en el sector de residencias multifamiliares. Esta colaboración tiene como objetivo desplegar estaciones de carga de vehículos eléctricos en la cartera inmobiliaria de Camden, abordando la creciente demanda de soluciones de carga accesibles en viviendas multifamiliares.
Puntos clave:
- 3V instalará, poseerá, operará y mantendrá estaciones de carga de nivel 2 en las comunidades de Camden sin costo alguno para Camden.
- Las instalaciones iniciales se llevarán a cabo en Austin, TX; Charlotte, NC; Phoenix, AZ; y varias localidades en California, con planes para una expansión a nivel nacional.
- Camden ha elegido a Loop Global como proveedor de hardware y software de carga para la primera fase de los proyectos.
- Esta iniciativa responde al hecho de que, aunque el 31% de la vivienda en EE. UU. es multifamiliar, menos del 5% de las comunidades de alquiler ofrecen actualmente cargadores en el lugar.
3V 인프라스트럭처는 전기차 충전 인프라에 투자하고 운영하는 기업으로, Camden Property Trust (NYSE: CPT)와 파트너십을 발표했습니다. Camden Property Trust는 선도적인 다가구 주택 운영 기업입니다. 이번 협력의 목표는 Camden의 자산 포트폴리오 전반에 걸쳐 전기차 충전소를 배치하는 것으로, 다가구 주택에서 접근 가능한 충전 솔루션에 대한 증가하는 수요를 해결하는 데 목적이 있습니다.
주요 사항:
- 3V는 Camden 커뮤니티에 레벨 2 전기차 충전소를 설치하고, 소유하며, 운영하고, 유지 관리할 것이며, Camden에게는 비용이 발생하지 않습니다.
- 초기 설치는 텍사스주 오스틴, 노스캐롤라이나주 샬럿, 애리조나주 피닉스 및 캘리포니아의 여러 지역에서 진행되며, 전국적으로 확장할 계획입니다.
- Camden은 프로젝트 첫 번째 단계의 충전 하드웨어 및 소프트웨어 공급업체로 Loop Global을 선택했습니다.
- 이번 이니셔티브는 미국 주택의 31%가 다가구 주택임에도 불구하고, 현재 5% 미만의 임대 커뮤니티에서 현장 충전기를 제공하고 있다는 사실에 대응합니다.
3V Infrastructure, un investisseur et opérateur d'infrastructures de recharge pour véhicules électriques, a annoncé un partenariat avec Camden Property Trust (NYSE: CPT), un leader dans l'exploitation de résidences multifamiliales. Cette collaboration vise à déployer des stations de recharge de véhicules électriques dans le portefeuille immobilier de Camden, afin de répondre à la demande croissante de solutions de recharge accessibles dans les logements multifamiliaux.
Points clés :
- 3V installera, possédera, opérera et entretiendra des stations de recharge de niveau 2 au sein des communautés Camden sans coût pour Camden.
- Les premières installations auront lieu à Austin, TX ; Charlotte, NC ; Phoenix, AZ ; et à divers endroits en Californie, avec des plans pour une expansion nationale.
- Camden a choisi Loop Global comme fournisseur de matériel et de logiciel de recharge pour la première phase des projets.
- Cette initiative répond au fait que, bien que 31 % des logements aux États-Unis soient multifamiliaux, moins de 5 % des communautés locatives proposent actuellement des chargeurs sur place.
3V Infrastructure, ein Investor und Betreiber von EV-Ladeinfrastrukturen, hat eine Partnerschaft mit Camden Property Trust (NYSE: CPT), einem führenden Betreiber von Mehrfamilienhäusern, angekündigt. Diese Zusammenarbeit zielt darauf ab, EV-Ladestationen im Immobilienportfolio von Camden zu installieren und so der wachsenden Nachfrage nach zugänglichen Ladeoptionen in Mehrfamilienhäusern gerecht zu werden.
Wichtige Punkte:
- 3V wird Level 2 EV-Ladestationen in den Camden-Gemeinschaften installieren, besitzen, betreiben und warten, ohne dass Camden Kosten entstehen.
- Die ersten Installationen werden in Austin, TX; Charlotte, NC; Phoenix, AZ; und an verschiedenen Standorten in Kalifornien durchgeführt, mit Plänen für eine landesweite Expansion.
- Camden hat Loop Global als Anbieter von Ladehardware und -software für die erste Projektphase ausgewählt.
- Diese Initiative reagiert darauf, dass, während 31 % der US-Wohnungen Mehrfamilienhäuser sind, weniger als 5 % der Mietgemeinschaften derzeit Ladegeräte vor Ort anbieten.
- Partnership with Camden Property Trust (NYSE: CPT) to expand EV charging infrastructure
- No-cost installation and maintenance of Level 2 EV charging stations for Camden
- Initial deployment in multiple states with plans for nationwide expansion
- Addressing growing demand for EV charging in underserved multifamily housing sector
- None.
Insights
Camden Property Trust's partnership with 3V Infrastructure to deploy EV charging stations across its portfolio is a strategic move that addresses a growing demand in the multifamily housing sector. With only
The no-cost installation model for Camden is particularly advantageous, allowing for rapid expansion of amenities without significant capital expenditure. This could lead to improved occupancy rates and tenant satisfaction, potentially translating to higher rental income over time. The initial rollout in key markets like Austin, Charlotte, Phoenix and California targets areas with high EV adoption rates, maximizing the impact of this investment.
Long-term, this move could enhance Camden's competitive edge in the multifamily market, potentially leading to increased property valuations and strengthened market position. However, investors should monitor the revenue-sharing model with 3V Infrastructure and any potential impact on operating expenses related to electricity costs and infrastructure maintenance.
The partnership between 3V Infrastructure and Camden Property Trust represents a significant step in addressing the critical gap in EV charging infrastructure for multifamily housing. With
The choice of Level 2 chargers is strategic, offering a balance between charging speed and installation costs. This aligns well with typical overnight charging patterns of residential users. The selection of Loop Global as the hardware and software provider for the initial phase suggests a focus on reliable, user-friendly technology, which is important for resident satisfaction and adoption.
For the broader EV market, this large-scale deployment could serve as a catalyst for other property managers to follow suit, potentially leading to a surge in EV charging infrastructure in urban and suburban areas. This could, in turn, boost EV sales and positively impact the entire EV supply chain, from manufacturers to component suppliers.
New Relationship Increases Access to EV Charging for Thousands of Multifamily Residents Across the
The multifamily housing sector faces growing pressure to meet increasing demand for accessible and reliable charging solutions. According to industry research,
“Renters are hungry for the convenience and economic advantages of at-home charging solutions, but the burden of building, maintaining, and scaling EV infrastructure is falling on the shoulders of property owners,” said Aubrey Gunnels, CEO of 3V Infrastructure. “Building and maintaining a reliable EV charging network across geographies and utilities is complicated, time intensive, and expensive. That’s why we’re passionate about working with property owners like Camden to bring convenient charging to residents across the U.S.”
Through this relationship, 3V Infrastructure will install, own, operate, and maintain Level 2 EV charging stations at Camden communities—at no cost to Camden. This approach allows Camden to expand its charging infrastructure quickly and efficiently with 3V’s team of veteran EV charging professionals. Initial installations will take place in
“Camden is proud to be leading the multi-family industry in offering EV Charging at our communities,” said Linda Willey, VP of Business Services at Camden Property Trust. “We believe having a dedicated team like 3V working on this crucial amenity will allow Camden to provide dependable and affordable EV charging services to our residents across the country.”
About 3V Infrastructure
3V Infrastructure LLC is an EV charging infrastructure investor, owner, and operator enabling widespread access to EV chargers. Working closely with a trusted network of national technology and deployment partners, 3V builds and operates Level 2 EV chargers in long-dwell properties such as multifamily housing and hotels, eliminating upfront and ongoing costs for real estate portfolio owners and managers including public and private REITs, Separately Managed Accounts (SMAs), Family Offices, and Private real estate owners. The 3V team brings deep expertise in EV technology, real estate, construction, operations, energy and public affairs, and is backed by an affiliate of Greenbacker Capital Management. With the right combination of technology, infrastructure, and collaboration, 3V Infrastructure aims to address the market gap by providing Level 2 chargers to a broader market, unlocking new customers and opportunities.
About Camden Property Trust
Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across
About Greenbacker Capital Management
Greenbacker Capital Management LLC is an SEC-registered investment adviser that provides advisory and oversight services related to project development, acquisition, and operations in the renewable energy, energy efficiency, and sustainability industries. For more information, please visit https://greenbackercapital.com.
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Media Contact
3V Infrastructure
press@3vinfrastructure.com
Source: 3V Infrastructure
FAQ
What is the partnership between 3V Infrastructure and Camden Property Trust (CPT) for?
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Who will be responsible for installing and maintaining the EV charging stations at Camden Property Trust (CPT) communities?
Which charging hardware and software provider has Camden Property Trust (CPT) chosen for the first phase of the EV charging project?
