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EVBox Group to Become Public Company via Business Combination with TPG Pace Beneficial Finance EVBox Group to Become Public Company via Business Combination with TPG Pace Beneficial Finance TPG Pace Beneficial Finance Corp. (NYSE: TPGY.U, TPGY, TPGY WS) (TPG Pace), a publicly traded special purpose acquisition company (SPAC) formed by TPG that is focused on high-growth companies with strong environmental, social and governance (ESG) principles, today announced it has entered into a definitive agreement with ENGIE New Business S.A.S., a wholly owned subsidiary of ENGIE S.A. (Engie), a multi-national utility with headquarters in France, to acquire its subsidiary EV Charged B.V. (the Company, EVBox or EVBox Group) for a combination of cash and equity. EVBox is a leading global provider of smart charging solutions for electric vehicles (EV) with Europes largest installed base of charging solutions and the most advanced cloud-based software offering. ....
EVBox Group to Become Public Company via Business Combination with TPG Pace Beneficial Finance apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
Share: HOUSTON, Dec. 10, 2020 /PRNewswire/ Today, ENGIE announces several energy offtake contracts with Amazon for a global renewable energy portfolio of wind and solar projects across the United States, Italy and France totaling 650 MW. These Corporate Power Purchase Agreements (PPAs) will exclusively rely upon renewable energy production facilities developed by ENGIE. For ENGIE, this operation is the largest portfolio of agreements signed at once with a single counterparty. These projects align with Amazon s goal to power its operations with 100% renewable energy by 2030 and reach net zero carbon by 2040. They also demonstrate ENGIE s expertise across the green energy value chain, from the construction and operation of renewable energy plants, to the sale of energy to industrial customers. In 2019, ENGIE was the #1 global seller of clean energy Corporate PPAs and signed over 2,000 MW mostly in the US but also in Europe, notably in Spain. ....
(2) EVBox Group to Gain Access to Growth Capital to Fuel Global Expansion EVBox Group s Leadership Position in European EV Charging Solutions is Aligned with TPG Pace Beneficial Finance s Commitment to Advancing High-Growth, ESG-Focused Companies Globally ENGIE to Retain 40+% Ownership Institutional Investors Including Funds and Accounts Managed by BlackRock, Inclusive Capital Partners, Neuberger Berman Funds and Wellington Management to Invest Additional $225 Million of Equity Through Private Placement at Closing EVBox Group to be Listed on the NYSE Following Close Expected Late Q1-2021 TPG Pace Beneficial Finance Corp. (NYSE: TPGY.U, TPGY, TPGY WS) ( TPG Pace ), a publicly traded special purpose acquisition company ( SPAC ) formed by TPG that is focused on high-growth companies with strong environmental, social and governance ( ESG ) principles, today announced it has entered into a definitive agreement with ENGIE New Business S.A.S., a wholly owned subsi ....