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EdgeEnergy to Invest $150 Million Over Next Two Years to Manufacture in Ohio

Amid growing demand for their phase conversion technology for DC fast Chargers, EdgeEnergy continues an aggressive growth trajectory.

Cincinnati, Ohio, February 15, 2023 – EdgeEnergy, Inc., a leading provider of power conversion equipment for EV fast charging solution, today announced that the company will be investing $150 million dollars over the next two years in Ohio as they expand manufacturing and grow their company headquartered in Cincinnati, Ohio.

“The need for a solution that eliminates the long lead times for three-phase infrastructure upgrades and makes it faster and cheaper to install DC fast chargers across the U.S. continues to grow. Charging networks are continuing to experience long delays for the installation of traditional three-phase power upgrades. The delays are often months if not years long and threaten to take us off course from our goals for EV Charging Infrastructure in the U.S.”, says Greg York, CEO and Founder of EdgeEnergy.

The investment EdgeEnergy is making includes engineering and other skilled manufacturing jobs and creates opportunities for our manufacturing partners to expand their business and grow along side EdgeEnergy.

Demonstrating its commitment to creating high-quality jobs, EdgeEnergy is a participant in the White House Infrastructure Talent Pipeline Challenge, a nationwide initiative to create equitable job opportunities in growing industries, such as electrification. EdgeEnergy is working with community partners as well as industry partners like Blink Charging to develop a job training program that will be available online and in-person at their Cincinnati facility. The program will be focused on technical training for the maintenance of charging stations and will provide a valuable talent pipeline for industry partners for skilled workers in the growing EV Infrastructure industry.

“EdgeEnergy is thrilled with the reaction to our technology in the industry and the ongoing growth we have experienced over the last two years,” said Jon Holland, Chief Financial Officer at EdgeEnergy. “We are getting great response from some very big names in the industry and we are eager to expand our workforce and manufacturing capacity amid and exciting period of growth for our company.”


About EdgeEnergy

Founded in 2020, EdgeEnergy designs and manufactures proprietary phase conversion hardware the allows for the installation of DC fast chargers on single-phase power infrastructure. Their technology works with any charger or network and eliminates the need for three-phase power upgrades in many locations and allows for faster and lower cost installation of ultra-fast EV charging infrastructure.

For more information:

Ben Morris Business Development and Government Affairs

Forward Looking Statements

This press release includes “forward-looking statements.” The Company’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believe,” “predict,” “potential,” “continue,” “aim” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the Company’s expectations, hopes, beliefs, intentions or strategies for the future. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside the Company’s control and are difficult to predict. The Company cautions not to place undue reliance upon any forward-looking statements, including projections, which speak only as of the date made. The Company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

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