Terawatt Raises $300 Million for Charging Facilities
Originally published Jun 24, 2026
By Natalie Lung · Bloomberg — Technology
AI-generated summary based on Bloomberg — Technology · Aggregated by OffScreenSpace · Human-reviewed and approved on Jun 24, 2026
Key points
- Terawatt Infrastructure Inc. is borrowing up to $300 million.
- The funds will be used for acquiring and developing charging facilities.
- The company serves as a charger provider for electric cars and counts Waymo as a customer.
Terawatt Infrastructure Inc., a provider of electric car chargers and a customer of Waymo, announced it is borrowing up to $300 million from banks. The funds will support the acquisition and development of charging facilities in the US and abroad.
Read the original story: Bloomberg — Technology — by Natalie Lung