12 Dec 2025

Latham & Watkins Advises Highland Electric Fleets on US$150 Million Equity Investment from Aiga Capital Partners

"Latham & Watkins LLP advised Highland Electric Fleets in securing up to US$150 million in equity financing from Aiga Capital Partners to support growth, expand into new markets, and enable additional deployments beginning in 2026."

Latham & Watkins LLP advised Highland Electric Fleets in its transaction with Aiga Capital Partners, in which Highland secured up to US$150 million in new equity financing. Highland Electric Fleets has secured up to US$150 million in new equity financing from Aiga Capital Partners. The investment will add capacity to support the company’s growth, build on an already strong balance sheet, and enable Highland to expand into new markets. The funding will also support additional vehicle deployments beginning in 2026. Latham & Watkins LLP represented Highland Electric Fleets with a team composed by: partners Caroline Phillips, Justin T. Stolte, and Ethan Schultz, who led the corporate deal team; associates Jesse Lake, Katelyn Hughes, Ebenezer Abaidoo, and Mack Weber; and partner Rene De Vera, who provided tax advice.
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