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.
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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 subsidiary of ENGIE S.A. (