Everged and Georgia Green Energy have announced a strategic partnership to deploy hundreds of electric vehicle charging stations across Georgia, pairing Everged’s integrated hardware and software platform with Georgia Green Energy’s site development and long-term operations capabilities. The deal introduces two ownership structures intended to reduce capital barriers for site hosts and installers.
Highlights
- Partnership targets hundreds of EV chargers across Georgia, with initial deployments focused on high-traffic retail and multi-unit residential sites
- Two financing models offered: a CapEx equipment lease for contractors and an owner-operator structure where Everged fronts capital and transitions operations later
- Site hosts receive charging as an amenity with no upfront capital or operational burden
- Partnership aligns financial incentives with maintenance accountability, targeting the fragmented-ownership reliability problem common in public charging
Two Deployment Models
The partnership introduces two ownership structures designed to match the capital profiles of different participants in the EV charging value chain.
CapEx Equipment Financing
Under the first model, Georgia Green Energy leases charging hardware through Everged, retaining ownership and operational control while reducing upfront capital outlay. The contractor generates recurring revenue through charger utilization and long-term asset management. This structure is aimed at electrical contractors and EPC firms looking to enter or expand in the charging market without absorbing the full equipment cost on their balance sheets.
Owner-Operator Transition
In the second model, Everged initially owns and operates the chargers, carrying the capital investment and operational responsibility. Once the initial investment is recovered, operational responsibilities and a larger share of revenue shift to Georgia Green Energy. The approach is intended to bridge deployments where the installing contractor cannot or prefers not to take on early-stage capital risk.
Addressing Site Host and Reliability Barriers
Both models are structured to eliminate upfront capital requirements for site hosts such as retail centers and multi-unit residential properties. Charging is positioned as an amenity that site hosts can offer without operational burden, while drivers gain access to networked stations.
The partnership also addresses a persistent reliability issue in public charging: fragmented ownership and maintenance responsibilities that often leave stations offline and underperforming. By aligning financial incentives with the parties responsible for operations, the structure directs maintenance accountability to whichever entity has the strongest incentive to keep chargers online.
Initial Georgia deployments will focus on publicly accessible, high-traffic locations including mixed-use retail destinations and multi-unit dwellings. Selection criteria emphasize utilization potential, accessibility, and long-term site value.
Executive Commentary
“We are thrilled to be partnering with Georgia Green Energy,” said Jefferson Smith, chief executive officer of Everged. “Not only are they a world-class contracting firm, but they also share our unrelenting commitment to approaching the industry with a fresh mindset, delivering a fantastic experience for both our site hosts and EV drivers.”
“The growth of EV infrastructure is no longer a future trend—it’s a present-day necessity,” said Gavin Ireland, chief executive officer of Georgia Green Energy. “This partnership allows us to move faster, deploy smarter, and bring innovative charging solutions to property owners across Georgia. We’re not just installing chargers—we’re building revenue-generating energy assets that create long-term value for site hosts, drivers, and the communities we serve.”
The agreement extends Everged’s contractor-focused commercial strategy, which the company has built around its Zero Cost Deployment program for electrical contractors, EPC firms, and commercial solar companies. Commercial property owners and municipalities interested in inclusion in the Georgia deployment pipeline can reach Georgia Green Energy directly.
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