Evigo Services LLC, a fully renewable energy charging network of electric vehicles powered by Reza, is close to a deal to merge with the public. According to people familiar with the matter, the real impact of climate change is the Acquisition Corp.
The joint venture is valued at more than 2 2 billion, said one person who declined to be identified because the information was private. The announcement could be made as early as Friday, people said.
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Shares of Climate Change Crisis, a special-purpose acquisition company, rose 117% on Friday. They were up 65% to ડ 22 at 4:36 a.m. in New York.
Like any deal that has not yet been decided, it may still be delayed or negotiated. A representative of Evigo did not immediately respond to a request for comment, and a spokesman for the Climate Change Crisis SPAC declined to comment.
read more: The CEO of an EV charging station plans to electrify the roads
Founded in 2010, Evigo has more than 800 fast charging locations in more than 600 cities in 34 U.S. states, serving a customer base of over 200,000, its Website show. Its partners include BMW AG, General Motors Co., Nissan Motor Co. And idesbar technologies include automakers such as Rydshare operators like Zeiss Inc.
The SPAC, led by Chief Executive Officer Fischer David Crane and Chief Financial Officer Fischer John Cavalier, raised 23 230 million in September to achieve the climate target.
Another electric vehicle charging specialist, Evibox, in December Blank-check firm TPG. Pace Beneficial Finance Corp. Has agreed to go public with the merger, which has since seen its share more than double.
read more: Biden’s charging plan could sell 25 million EVs
– Assisted by Scott Deva
(Updates with stock feedback in the third paragraph)
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