Financial StabilityEVgo does not expect to raise any equity as a condition for loan closing or drawdown, which reduces significant funding risk.
Funding And ExpansionThe $1.05bn DOE loan conditional commitment provides increased visibility to EVGO funding new stall deployments beyond 2025, at a potentially accelerated pace.
Market ConfidenceThe conditional commitment provides increased visibility to EVGO funding new stall deployments beyond 2025, at a potentially accelerated pace relative to current run-rate expectations.