Highland Electric Fleets just locked in up to $150M from Aiga Capital Partners, and the way this company is scaling feels like watching a quiet heavyweight decide it is done being polite. Duncan McIntyre built Highland because his son was eye level with a diesel tailpipe, and once you see that, you cannot unsee it. That moment became the spark for an EaaS model that lets districts electrify without financial gymnastics, and now Angel Fierro joins the board to help steer a balance sheet built for national expansion. When a company attracts capital that confidently, it usually means the market has finally realized the team is playing 3 moves ahead.
What Highland has done since 2019 is the kind of execution founders brag about and investors chase. We are talking 600+ electric school buses under subscription, 900+ contracted vehicles, 7M+ electric miles, operations in 30+ states and Canada, and a fleet uptime flirting with 98%+. That reliability is not luck. It is the byproduct of leaders like Ben Schutzman keeping operations tight, Brian Buccella pushing commercial growth with the precision of someone who has sold innovation on 3 continents, Richard DiMatteo shaping strategic expansion, and Gaurav Dubey structuring financing that lets long-term contracts feel frictionless. It is also the product of tech that treats V2G like an everyday utility instead of a PowerPoint fantasy.
The Montgomery County project, with 326 buses across 5 depots, became the industry’s proof that large scale electrification is not theoretical. Then LA28 called, handing Highland a 500 bus commitment that will turn the Olympic and Paralympic Games into a living demo of what clean fleet infrastructure can actually deliver. When your platform blends Thomas Built buses, Proterra tech, Synop smart charging, Zonar telematics, and CPower grid services, you are not selling buses. You are selling stability to districts and intelligence to the grid.
This new capital hits right as Highland readies 2026 deployments and a broader push into municipal fleets, medium duty electrification, Canadian expansion, and multi-site rollouts that require both muscle and finesse. The strengthened balance sheet unlocks more debt capacity, bigger commitments, and the kind of operational lift only companies with real discipline can handle. If your district or municipality is tired of combustion era math dictating its choices, Highland Electric Fleets is proving that electrification is no longer a moonshot. It is a service model built to work, scale, and last.
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