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Allego Holding B.V.

Company Summary

Description

Founded in 2013, Allego is a leading electric vehicle, or EV, charging company in Europe and has deployed over 26,000 charging ports across 12,000 public and private locations, spanning 12 European countries.

Operational Regions

  • Europe

Recent news

  • 3/16/2022 - Spartan and Allego... (subscriber access)
  • 3/9/2022 - Spartan and Allego Will... (subscriber access)
  • 7/28/2021 - Allego Holding, an EV... (subscriber access)

Company Transactions

Date: 7/29/2021
Type: Merger

NOTES:
Allego Holding, which runs a "leading pan-European electric vehicle charging network" has agreed to combine with Spartan Acquisition Corp. III, which would allow them to begin trading publicly on the NYSE. The deal values Allego at $3.14 billion and total gross proceeds of $702 million will fund the growth of their EV charging systems. That will be paid in the form of a fully committed common stock PIPE offering of $150MM at $10/share, and $552 million in cash held in trust. Notably, EV designer Fisker will make a $10 million private investment into the PIPE.
REGIONS:
  • Europe