Invisible Urban Charging, Redaptive Form Financing Partnership for EV Charging Deployment

On July 1, 2025, Invisible Urban Charging (IUC), a leading provider of Charging-as-a-Service (CaaS) solutions, announced a major financing agreement with Redaptive, a leader in Energy-as-a-Service (EaaS) installations. This partnership will supply critical capital for the financing and refinancing of IUC’s growing portfolio of contracted EV charger deployments across the United States and Europe.

Redaptive’s innovative financing solutions are designed to support large-scale energy efficiency and sustainability projects. By covering upfront costs and providing turnkey implementation and smart metering, Redaptive enables enterprises to accelerate the adoption of energy-saving and generating solutions without financial barriers. Backed by major investors including Linse Capital, Canadian Pension Plan Investment Board, Honeywell, and CBRE Group, Redaptive recently secured a $650 million credit facility from CDPQ and Nuveen to expand its EaaS platform—allowing it to support transformative projects like IUC’s ambitious charger rollout.

Initial funding from Redaptive has already been committed to several hundred new chargers contracted by IUC, with plans to support potentially thousands more in the pipeline. This includes IUC’s landmark project with Icon Parking, the largest private operator of public parking facilities in New York City, to deploy 5,000 chargers across 200+ sites. Following Icon’s acquisition of Platinum Parking in 2024, IUC also announced plans to deploy 35,000 chargers across Platinum’s 300+ sites in 19 U.S. cities.

Additionally, IUC has partnered with Highwoods Properties to install chargers at premier office properties, starting with three in Atlanta, and continues to expand across commercial real estate sites in California, Illinois, Massachusetts, Connecticut, and New Jersey.

Last year, IUC revealed its joint goal with CBRE to deploy one million chargers over five years, focusing on large asset-class properties like public parking, workplace facilities, and major parking operators. While IUC provides its comprehensive Charging-as-a-Service solutions with no upfront costs and guaranteed uptime, CBRE handles site selection, project management, installation, and maintenance.

Redaptive, founded in 2015 and headquartered in Denver, empowers organizations to turn infrastructure into a strategic growth engine. Its flexible financing structures and AI-driven optimization help clients cut energy waste, lower emissions, and improve operational resilience.

Together, IUC and Redaptive are driving the future of EV charging—scaling infrastructure quickly, sustainably, and intelligently to meet the accelerating demand for electric transport worldwide.

For more, visit iucharging.com and Redaptive.com.

EVinfo.net’s Take: Why Charging-as-a-Service is So Valuable for the Future of EVs

As electric vehicle (EV) adoption accelerates worldwide, many businesses, fleets, and property owners face a daunting question: How do we install, manage, and maintain EV charging infrastructure without taking on massive upfront costs and operational complexity?

This is where Charging-as-a-Service (CaaS) comes in. Similar to the popular Software-as-a-Service (SaaS) model, CaaS allows organizations to access reliable charging infrastructure through a subscription or service-based approach rather than owning and operating it themselves, removing many of the pain points business owners face when considering adding EV charging.

No Upfront Capital Costs
Building an EV charging station network typically requires significant capital — from equipment and installation to permitting and grid upgrades. With CaaS, the service provider covers these upfront investments, so organizations can focus on their core business rather than becoming EV charging experts.

Worry-Free Operations & Maintenance
Operating chargers involves much more than plugging them in. Routine maintenance, software updates, network management, and 24/7 support are all critical to keeping chargers operational and users happy. Under a CaaS model, the provider handles all of this, delivering guaranteed uptime and reliability without additional headaches for the site host.

Scalable and Flexible
As EV adoption grows, so does the need for more charging capacity. CaaS offers the flexibility to scale up easily without requiring new financing rounds or major new infrastructure investments each time. Whether you need to add a few more chargers or build out an entire fleet depot, CaaS can adapt as your needs evolve.

Supports Sustainability Goals
Many organizations have aggressive sustainability and carbon reduction goals. Offering EV charging helps reduce transportation-related emissions, and CaaS makes it easier to implement these solutions quickly and efficiently — often integrating renewable energy and smart charging strategies to maximize impact.

Caas a Part of “Charging 2.0”
EV experts Loren McDonald and Bill Ferro of Paren describe the more meticulously-planned charging occurring in 2025 as “Charging 2.0”—a pivotal shift where charging is no longer just about land grabs and incentives, but about real business models, driver experience, and uptime.

EVinfo.net believes CaaS is an important part of “Charging 2.0.” Through innovative strategies like these, barriers to EV adoption are being removed in the US at a lightning pace, bringing cleaner air and lower costs to all.

CaaS is a Win-Win
Ultimately, Charging-as-a-Service empowers organizations to support the EV transition confidently, reduce risk, and improve the driver experience — all without the burden of becoming a charging infrastructure company overnight. In short, it’s a win-win for businesses, drivers, and the environment.

San Diego Padres Installing 20 EV Chargers for 2025 Season in Partnership with XLR8 America

XLR8 America is another great leader in CaaS. Through a new partnership with locally-based XLR8 America, the San Diego Padres Baseball Team is installing 20 EV chargers to the Parkade parking facility, located at the corner of 10th Avenue and J Street, just steps from the iconic stadium.

“We are proud to partner with XLR8 America to further our environmental and sustainability efforts at Petco Park and the Ballpark District,” said Padres CEO Erik Greupner. “By installing EV chargers in the Padres Parkade, we are providing another convenient option for fans with electric or hybrid vehicles to commute to Padres games and special events at the ballpark.”

Padres Parkade is an impressive ten-story, 1,130-space parking structure in downtown San Diego, California. It is one of the official parking lots of the San Diego Padres, and also serves as a parking facility for fans and event attendees at San Diego’s Petco Park.

Frank O’Connor, CEO of XLR8 America, said, “We’re thrilled to partner with the San Diego Padres to enhance their corporate sustainability efforts and fan experience and further introduce XLR8 America to the San Diego business community.”

The chargers are expected to be operational later in the 2025 season, offering an additional reason for EV owners to make Petco Park their go-to destination.

For more information, visit XLR8 America, highly recommended by EVinfo.net. EVinfo.net offers valuable marketing services to the EV and EV charging industries.