EVgo secures $1.25B loan amid Biden’s rush to approve clean energy loans
Electric vehicle charging startup EVgo is the latest company to secure funds from the U.S. Department of Energy as the Biden administration races to
EVgo Closes $1.25 Billion Guaranteed Loan Facility from U.S. Department of Energy
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
EVgo Shares Rise 11%, Company Closes $1.25B Loan Facility from Energy Department
Shares of electric-vehicle charging company EVgo were trading higher in the after-hours market following news it closed a $1.25 billion loan facility from the U.S. Energy Department. After the bell Thursday,
EVgo Gets DOE Loan To Triple Network Without Issuing Shares; Stock Rises Near Buy Point
EVgo stock jumped near a buy point after finalizing a Department of Energy loan that will finance construction of 7,500 EV charging stalls.
EVgo Closes $1.25 Billion Loan From Government To Expand Fast Charging Network; Stock Gains
EVgo Inc. (NASDAQ:EVGO) shares are trading higher on Friday. EVgo announced the closure of a $1.25 billion guaranteed loan facility from the U.S. Department of Energy’s (DOE) Loan Programs Office. This loan is part of the DOE’s Title 17 Clean Energy Financing Program and is designed to support EVgo’s ambitious plans to expand its public electric vehicle (EV) charging infrastructure.
EVgo closes a $1.25B federal loan to build 7,500 DC fast chargers
EVgo yesterday announced the closing of a $1.25 billion guaranteed US Department of Energy loan to build around 7,500 DC fast chargers.
EVgo Secures $1.25B Loan to Build Fast-Charging Stalls Across US
EVgo, Inc. EVGO has finalized a $1.25 billion guaranteed loan from the U.S. Department of Energy (“DOE”) Loan Programs Office under the Title 17 Clean Energy Financing Program. The loan features a 17-year term with capitalized interest during a five-year deployment period starting in 2025.
DOE finalizes $1.25B loan to build EV charging network
The deal with EVgo will be hard for the Trump administration to unwind, as the loan is finalized and the funds committed.
EVgo surges after securing $1.25B loan facility from U.S. Department of Energy
EVgo (NASDAQ:EVGO) +12.8% post-market Thursday after saying it closed a $1.25B loan facility from the U.S. Department of Energy to support nationwide deployment of ~7,500 high-power fast charging stalls.
EVgo nabs $1.25 billion loan as Biden races to approve more EV spending
The US Department of Energy announced a $1.25 billion loan to electric vehicle charging company EVgo as the Biden ...
EVgo Investors Get 'Holiday Gift' As Company Closes $1.25 Billion DOE Loan
Key Takeaways EVgo announced it had closed out a $1.25 billion loan facility with the Department of Energy to construct more ...
electrive8h
EVgo financed to make 7,500 public charge points available across the USA
EVgo has just announced the closing of its $1.25 billion guaranteed loan facility from the US Department of Energy (DOE) Loan ...
Buy EVgo On Approved DoE Loan Unlocking New Revenue Growth
EVgo's path to profitability is bolstered by $1.25B DoE loan, with strong revenue growth and potential for long-term value, ...
What made Evgo stock pop 10% on Friday?
Evgo Inc (NASDAQ: EVGO) is up 10% in premarket on Friday after securing a $1.25 billion guaranteed loan facility from the US ...
Business Insider1d
EVgo call volume above normal and directionally bullish
Bullish option flow detected in EVgo (EVGO) with 6,481 calls trading, 5x expected, and implied vol increasing over 1 point to 89.77%. Dec-24 7 calls and Dec-24 6 calls are the most active options, ...
EVgo: $1.25B 'Holiday Gift' Propels It To JPMorgan's Top Pick List
EVgo secures $1.25B DOE loan guarantee, avoiding equity dilution and setting up for 7,500 fast-charging stations in 5 years.
EVgo Is Winning Public Approval; Will This Be Enough For Growth?
EVgo, Inc. secures $1.05B loan guarantee, targeting rapid growth in EV charging market with a focus on marginalized regions.
Business Insider1d
Stifel Nicolaus Reaffirms Their Buy Rating on EVgo (EVGO)
Stifel Nicolaus analyst Stephen Gengaro maintained a Buy rating on EVgo (EVGO – Research Report) today and set a price target of $10.00. The company’s shares closed yesterday at $6.22. Pick the ...