Electrifying School Bus Fleets

Goldman Sachs’ AIMS Imprint group allocated capital with external managers investing in companies with climate- or inclusive growth-related goals

Reducing harmful diesel emissions while improving student and local community health, Highland provides a simple and cost-effective way to electrify school bus fleets, with more than 330 electric buses under contract across New England, the Rocky Mountain West and the Mid-Atlantic.1 Highland’s role in electrifying student transportation combats financial friction to electrification by offering a “Fleet as a Service” subscription model that allows a school district to pay for buses on a per-mile-driven basis. Imprint allocated client capital to a manager invested in Highland Electric.

 

1 Business Wire: “Blue Bird Teams Up with Highland Electric Fleets to Provide 12 Electric School Buses to Illinois School District,” December 2022. https://www.businesswire.com/news/home/20221208005572/en/Blue-Bird-Teams-Up-with-Highland-Electric-Fleets-to-Provide-12-Electric-School-Buses-to-Illinois-School-District