EVgo closes USD 1.25 billion U.S. DOE loan to expand charging network

On December 12, EVgo Inc. announced the closing of its USD 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 efforts to build public charging infrastructure for EVs with the construction of 7,50....

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