EO Charging Completes £25m Recapitalisation to Accelerate Growth

EO Charging completes £25m recapitalisation to accelerate growth

EO, which has more than a decade of experience in EV charging infrastructure, serves global fleet operators including Amazon, DHL and UPS The post EO Charging completes GBP25m recapitalisation to accelerate growth appeared first on Gulf Business.

EO Charging completes £25m recapitalisation

Provider of fleet electrification solutions EO Charging has completed a £25 million shareholder-led recapitalisation. The move aims to demonstrate the “continued commitment of its investors” and “provide a strong foundation for the company’s next phase of growth”, it said. The funding follows a strategic restructuring, including EO’s planned exit from the US market and the sale of its domestic EV charger hardware and manufacturing business to Co…

EO Charging recapitalisation to help drive fleet growth

EO Charging has completed a £25 million shareholder-led recapitalisation, providing a strong foundation for the company’s next phase of growth.

EO Charging completes £25 million recapitalisation with fleet focus

Electric vehicle fleet charging specialists EO Charging have completed a shareholder-led £25 million recapitalisation, as it looks to accelerate growth and support the growing number of businesses fleets switching to electric vehicles. The recapitalisation comes as EO Charging pivots to focus on its core strengths, including software and ‘infrastructure-as-a-service’ for EV fleets and electric heavy duty vehicles. This investment will allow the …