ChargePoint and OBE Power have announced a partnership to deploy approximately 2,500 EV charging ports at multifamily residences across North America beginning in 2026. The agreement, announced today by ChargePoint (NYSE: CHPT), names the company as OBE Power’s exclusive technology provider for chargers, software, and services under the deployment. OBE Power, a charge point owner that develops and operates EV charging infrastructure, will use its owned-and-operated model to install and manage the stations.
Highlights
- Roughly 2,500 charging ports planned at multifamily properties starting in 2026
- ChargePoint named exclusive technology provider for chargers, software, and services
- OBE Power operates under an owned-and-operated model, covering energy reimbursement, maintenance, insurance, and repairs at no cost to landlords
- Deployment extends an existing ChargePoint–OBE Power relationship from hotels and hospitality into multifamily housing
Targeting a Gap in Residential Charging
The partnership focuses on a segment where charging access has lagged single-family housing. ChargePoint cites U.S. Department of Energy data indicating 80% of EV charging occurs at home, while availability at multifamily properties trails the single-family market. The two companies frame the deployment as an effort to address that imbalance by pairing ChargePoint’s hardware and software with OBE Power’s infrastructure financing model.
ChargePoint CEO Rick Wilmer said the deal expands an existing relationship between the two companies. “ChargePoint and OBE Power are expanding our relationship from hotels and hospitality into multifamily housing, which has long lacked a simple and scalable path for EV charging,” Wilmer said. “Together, we are enabling drivers to charge where they live. We’re also delivering a turnkey solution for landlords thanks to ChargePoint’s technology combined with OBE Power’s owned and operated business model.”
OBE Power’s Owned-and-Operated Model
Under the arrangement, OBE Power funds, installs, and operates the charging infrastructure end-to-end, including driver support. The company covers energy cost reimbursement, carbon credit revenue, ongoing maintenance, insurance, and repairs, with no cost to the landlord for the equipment or its operation.
The structure mirrors a financing approach gaining traction in the multifamily segment, where similar no-cost-to-owner models have been used by operators including 3V Infrastructure on its Solomon Organization deployment covering more than 60 properties across nine states.
Alejandro Burgana, Cofounder and Managing Director of OBE Power, pointed to the companies’ deployment history. “After more than a decade of collaboration with ChargePoint to deploy EV charging where people live, work, and stay, we have built a strong track record of delivering the reliability and performance EV drivers expect,” Burgana said. “By combining ChargePoint’s technology with OBE Power’s owned-and-operated model, we deliver EV charging solutions purpose-built for multifamily communities.”
Deployment Timeline
ChargePoint and OBE Power said they have aligned multifamily development pipelines and will begin installations in the near term. The 2,500-port figure references the initial deployment beginning in 2026; the announcement did not specify a completion target or geographic distribution.
The deal follows other recent large-scale multifamily charger rollouts on competing networks, including the SWTCH Energy and FirstService Residential installation of 1,000 chargers across 85 communities completed in late 2025.
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