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Latest EVGO News From Around the Web
Below are the latest news stories about EVGO INC that investors may wish to consider to help them evaluate EVGO as an investment opportunity.
Institutional investors control 54% of EVgo, Inc. (NASDAQ:EVGO) and were rewarded last week after stock increased 10%Key Insights Given the large stake in the stock by institutions, EVgo's stock price might be vulnerable to their... |
EVgo Receives First Drawdown from $1.25 Billion Loan GuaranteeLOS ANGELES, January 08, 2025--EVgo Inc. (NASDAQ: EVGO) ("EVgo" or the "Company") today announced it has received its first drawdown of $75 million from its $1.25 billion guaranteed loan from the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO") under its Title 17 Clean Energy Financing Program, which reached financial close in December 2024 after a thorough 18-month process. This and subsequent drawdowns over the 5-year deployment period will support the Company’s ongoing buildout |
Ripple stablecoin, EVgo, Starbucks union: Market MinuteYahoo Finance host Akiko Fujita tackles several of this morning's top trending stocks in today's Market Minute. Cryptocurrency Ripple XRP (XRP-USD) is seeing a pop after introducing its new stablecoin for payments. EVgo Inc. (EVGO) shares plummet by over 30% after announcing its largest investor will be selling 23 million shares of common stock. Workers United, the union representing Starbucks baristas (SBUX), has authorized a possible labor strike ahead of meeting with company representatives to continue labor negotiations. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan. |
EVgo Inc. Announces Pricing of Secondary Offering of Class A Common StockLOS ANGELES, December 17, 2024--EVgo Inc. (NASDAQ: EVGO) ("EVgo" or the "Company") announced today the pricing of the previously announced underwritten public secondary offering by EVgo Holdings, LLC, an affiliate of LS Power Equity Partners IV, L.P. ("LS Power"), of 23,000,000 shares of Class A common stock, par value $0.0001 per share (the "Class A Shares"), of the Company, at a public offering price of $5.00 per share. LS Power has granted the underwriters a 30-day option to purchase up to an |
EVgo Inc. Announces Secondary Offering of Class A Common StockLOS ANGELES, December 16, 2024--EVgo Inc. (NASDAQ: EVGO) ("EVgo" or the "Company") announced today that EVgo Holdings, LLC, an affiliate of LS Power Equity Partners IV, L.P. ("LS Power"), intends to offer for sale in an underwritten public secondary offering 23,000,000 shares of Class A common stock, par value $0.0001 per share (the "Class A Shares") of the Company. LS Power expects to grant the underwriters a 30-day option to purchase up to an additional 3,450,000 Class A Shares at the public o |
Tortoise Capital Announces Index Updates for Fourth Quarter 2024Tortoise Capital today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the fourth quarter of 2024. Following the close of trading on Friday, Dec. 20, 2024, the indices will be rebalanced according ... |
EVgo Closes $1.25 Billion Guaranteed Loan Facility from U.S. Department of EnergyLOS ANGELES, December 12, 2024--EVgo Inc. (NASDAQ: EVGO) ("EVgo" or the "Company") today announced the closing of its $1.25 billion guaranteed loan facility from the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO") under its Title 17 Clean Energy Financing Program to support EVgo’s forthcoming efforts to build convenient, reliable public charging infrastructure for electric vehicles (EVs) with the construction of 7,500 new fast charging stalls nationwide. This buildout will bring E |
Companies Like EVgo (NASDAQ:EVGO) Are In A Position To Invest In GrowthEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the... |
EVgo and GM Surpass 2,000 Public Fast Charging Stalls in the U.S.LOS ANGELES, December 04, 2024--EVgo Inc. (NASDAQ: EVGO) ("EVgo" or the "Company"), one of the nation’s largest providers of public fast charging infrastructure for electric vehicles (EVs), and General Motors (GM) have surpassed 2,000 public fast charging stalls opened through their ongoing metropolitan charging collaboration. To date, EVgo and GM have built fast charging stalls in more than 390 locations in 45 metropolitan markets across 32 states as part of a longstanding collaboration to broa |
EVgo and Meijer Expand Partnership to Install up to 480 New Fast Charging Stalls at Meijer Locations Across MidwestLOS ANGELES, November 19, 2024--EVgo Inc. (NASDAQ: EVGO) ("EVgo" or the "Company"), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced an expansion to its longstanding partnership with Meijer, a Midwest grocery retailer, to bring more public fast charging infrastructure to Meijer store locations throughout its six-state footprint. As part of this expanded relationship, EVgo plans to deploy up to 480 new public fast charging stalls at Meijer pro |