EVgo receives first tranche of $75 million from its $1.25 billion guaranteed loan from the US DOE
The $1.25 billion loan guarantee will facilitate EVgo in establishing about 7,500 new public fast-charging stations nationwide
EVgo Inc. has announced the receipt of its first drawdown of $75 million from a $1.25 billion guaranteed loan provided by the US Energy Department's (DOE) Loan Programs Office (LPO) under its Title 17 Clean Energy Financing Program.
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