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EVgo Inc. Announces Commercial Bank Loan Facility to Accelerate Nationwide Infrastructure Buildout
EVgo EVgo (US:EVGO) Globenewswire·2025-07-28 19:00

LOS ANGELES, July 28, 2025 (GLOBE NEWSWIRE) -- EVgo Inc. (Nasdaq: EVGO) ("EVgo" or the "Company"), one of the nation's largest providers of public fast charging infrastructure for electric vehicles (EVs), announced that it has closed on a senior secured, non-recourse credit facility with top tier global project finance banks in the amount of 225millionwithoptionalitytoincreasethesizeofthefinancingby225 million with optionality to increase the size of the financing by 75 million to fund additional growth (the "Facility"). The Facility was oversubscribed and is a ...