Charge Enterprises Welcomes Spencer Bolgard as New CEO
Charge Enterprises, a prominent provider of electrical and broadband infrastructure, has appointed Spencer Bolgard as its new Chief Executive Officer (CEO). This strategic move is expected to bolster the company's efforts in advancing electric vehicle (EV) charging infrastructure and promoting a cleaner, sustainable energy future.
With a robust history spanning over four decades, Bolgard comes to Charge Enterprises armed with vast experience in the sectors of electrical automation, electronics, and energy efficiency. Previously, he served as the President and CEO of MaxLite, where he successfully led initiatives in energy-efficient lighting and innovative EV charging solutions. His previous roles included leadership positions at well-known organizations such as Phoenix Contact and General Electric, alongside his tenure as an Armored Cavalry Officer in the U.S. Army.
Charge Enterprises aims to significantly contribute to the transition towards sustainable energy by laying down essential infrastructure that facilitates widespread electrification. The company's expertise spans across various domains, including electrical construction, solar energy, and energy-efficient lighting systems, enabling diverse clients ranging from auto manufacturers to local governments and military installations to enhance their energy efficiency while moving away from fossil fuels.
Notably, Charge Enterprises has completed over $1.3 billion worth of projects spread across 46 states, showcasing their capability to provide turnkey infrastructure solutions. The company is currently focused on integrating Greenspeed Energy Solutions, BW Electrical Services (BW), and Advanced Network Services (ANS) to explore new commercial opportunities.
Expanding Reach and Opportunities
Greenspeed is capitalizing on its existing product offerings by venturing into new verticals that complement its core business. This approach is oriented towards creating recurring revenue streams that extend beyond traditional systems integration and construction services. By bundling solutions for EV charging, solar power, and lighting, Greenspeed is positioning itself as a one-stop solution for sustainable infrastructure development. This strategic alignment with regulatory mandates and corporate ESG objectives underscores the growing demand for clean energy solutions, enabling customers to modernize and operate efficiently.
BW Electrical Services is also strategically expanding its footprint into high-growth markets like Columbus, OH, and Albany, NY, where there's an increased demand for skilled labor due to burgeoning infrastructure investments. As the urgency for data centers and public infrastructure projects rises, BW's union status provides a competitive edge in deploying substantial electrical infrastructures favorably.
Moreover, Advanced Network Services is concentrating on enhancing in-building wireless solutions through Distributed Antenna Systems (DAS). As demands for improved mobile connectivity heighten, especially in compliance with first responder legislation, ANS is positioned uniquely to address these vital requirements. This essential service has become increasingly popular among municipalities and commercial real estate owners who prioritize seamless indoor connectivity for modern usage.
A Visionary Leader for Charge Enterprises
The collective experience and strategic vision of Spencer Bolgard are aligned perfectly with Charge Enterprises' future ambitions. His leadership, characterized by a track record of fostering innovation, growth, and operational excellence, is expected to enhance the organization further as they embark on a new chapter of expansion.
Vincent DeVito, Managing Director–Asset Management at Arena, expressed enthusiasm over Bolgard’s appointment, stating, “We are thrilled to welcome Spencer as CEO. His industry acumen and strategic insights will accelerate our trajectory in EV infrastructure and power solutions, reinforcing our commitment to a sustainable future.”
Charge Enterprises, a portfolio company of Arena Investors, continues to pave the way for next-generation infrastructure, focusing on the convergence of electricity and digital technology—setting the foundation for a greener world powered by clean energy solutions. To explore more about their initiatives, visit
Charge Enterprises.