On April 18, 2024, Ava Community Energy (Ava), one of the nation’s top clean energy providers, announced its plans to expand access to public EV charging stations across its service territory. As part of the energy provider’s new partnership with Calibrant Energy (a joint venture between Macquarie and Siemens Financial Services), Ava will deploy 86 public direct-current fast-chargers (DCFC) across 11 sites in six cities. Wilson Sonsini Goodrich and Rosati advised Ava on the transaction.

To help expedite California’s goals for decarbonized transportation, Ava is proactively taking innovative steps to scale the adoption of zero-emission vehicles. Through a first-of-its-kind procurement approach that mirrors power purchase agreements traditionally used for wind, solar and battery storage projects, Ava is utilizing an energy tolling agreement structure to finance its EV charging network, paying a monthly fixed, capacity-based fee to deploy Ava charging stations across its service territory.

Ava’s partnership with Calibrant comes on the heels of the provider’s 2023 partnership with EV Realty. Ava’s partners Calibrant Energy and EV Realty will help develop up to the first 11 fast-charging hubs of Ava’s DC fast-charging network, which will be located across Hayward, Livermore, Oakland, Piedmont, Pleasanton and San Leandro. The charging partnership with Calibrant Energy is slated to come online in 2025, and Ava’s EV Realty partnership plans to see project completion by the end of 2024. Ava plans to continue building publicly available fast chargers to give residents access to affordable electric vehicle charging.

The Wilson Sonsini team involved in the transaction includes: Peter Mostow, Nadia Senter, Eddie Holman, Barclay Oudersluys, and Yeji Kim.

For more information, please see Ava’s press release.