AT A GLANCE
155 2nd Street
Jersey City, NJ 07302
Year founded: 2014
Number of professionals involved in commercial real estate in New Jersey: 10
Industries served: EV Charging Services
CEO
COO
CFO
Director of Ops
OUR ADVANTAGE
Greenspot develops, installs, operates and maintains electric vehicle (EV) charging stations. Greenspot is a Charge Point Operator (CPO), so we own the charging stations and network. Our business model is to invest in technology to sell electricity to EV drivers. Greenspot provides everything property owners and managers need to monetize their parking lots without CapEx and the headache of ownership. Greenspot does this by installing charging stations on the property, operating and generating revenue, covering the cost of expenses and then sharing profits. Greenspot will continue to make the investment in the technology (e.g. Upgrades to faster and wireless charging) and expansion to provide drivers with more access to EV charging spots. Over time there will be many more EVs coming to your property and, as the charging stations expand, the NOI will grow significantly.
ON THE HORIZON
We know that many of our clients have vehicle-related fuel and maintenance expenses. Greenspot can help reduce this cost by as much as 40%. We have a program that provides all the infrastructure and energy required to keep the fleet in operation and even goes as far as to install an EV charging station in your employee’s home garage.
SERVICE SPOTLIGHT
A big challenge in the real estate industry, related to EV charging, is deeded or assigned parking spaces. Greenspot has developed a solution that provides Level 2 charging speeds to any of the spots. The power distribution system to all the spots is completed by Greenspot and no CapEx is required. Only the people interested in getting an EV charging station in their spot need to pay to connect to the system. If the parking spaces are not deeded or assigned, the second challenge is supplying a large percentage of the parking spaces with charging stations. Very soon your residents, tenants, employees, visitors, etc. will require their parking spaces to be electrified. Through some creative engineering design, component selection and software magic, Greenspot is able to use a limited amount of power and supply every parking space with a charging station.
