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Allego Holding B.V. announced the establishment of a special purpose project finance vehicle for EV charging infrastructure in partnership with Meridiam, closing an investment of approximately €138 million. This initiative will develop over 2,000 fast and ultra-fast EV charge points at Carrefour locations across France by 2023, enhancing the country's electromobility goals. The project, powered entirely by green energy, offers various charging services and has received financial backing from seven European banks, achieving the Green Loan label.
Allego Holding B.V. is expanding its partnership with REWE Nord to build hundreds of electric vehicle (EV) charging locations in Germany, following their initial collaboration in 2018. The companies plan to have 100 new fast charging stations operational by the end of 2022, utilizing 150 kW Hypercharger technology. All installations will utilize renewable energy sources to minimize environmental impact. This move supports Allego’s goal of enhancing EV infrastructure amid increasing demand from retail shoppers. Forward-looking statements indicate potential risks tied to market conditions and operational timelines.
Allego Holding B.V. is expanding its partnership with Van der Valk VDC to install fast charging facilities in over 50 hotels across the Netherlands and Belgium. This initiative will feature at least 60 ultra-fast chargers (150kW to 300kW) and 60 fast chargers (50kW). Expansion will begin at the Van der Valk Cuijck hotel in Q4 2021, with full rollout expected within two years. Allego aims to enhance EV charging access and convenience in Europe, supporting its growth as a charging solutions leader. Allego currently operates more than 26,000 charge points across the continent.
Allego Holding B.V., a key player in Europe's electric vehicle (EV) charging market, announced its proposed business combination with Apollo-affiliated Spartan Acquisition Corp. III (NYSE: SPAQ). A registration statement was filed with the SEC on September 30, 2021, providing a proxy statement/prospectus for this transaction. Upon completion, Athena Pubco anticipates $702 million in gross proceeds, primarily from a PIPE offering and cash held in trust. Allego aims to enhance its EV charging network, having deployed over 26,000 charging ports across 12 countries.
Casino Group and Meridiam, through their subsidiaries GreenYellow and Allego, have commissioned the first terminals of a significant network of fast and ultra-fast electric vehicle charging stations in France. The project will install over 250 stations, including 74 expected to be operational by the end of 2021. Presently, 36 stations are already active. Allego, responsible for installation and operation, will provide diverse charging speeds, enhancing access to electric mobility.
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