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ICG invests $240 million in French EV charging firm Zeplug

(Reuters) - Britain's Intermediate Capital Group is investing 240 million euros ($240 million) in Zeplug, a French firm specialising in electric vehicle (EV) charging services in...
ICG invests $240 million in French EV charging firm Zeplug © Reuters. A roadside EV (electric vehicle) charge point sign is seen in London, October 19, 2021. REUTERS/Toby Melville

(Reuters) - Britain's Intermediate Capital Group is investing 240 million euros ($240 million) in Zeplug, a French firm specialising in electric vehicle (EV) charging services in multi-occupant and office buildings, the companies said.

In a joint statement, the companies said Zeplug would receive a "significant primary capital investment" from asset manager ICG's infrastructure investment arm ICG Infra.

Zeplug, which was founded in 2014 and gets its income by charging fixed monthly subscription fees, will be merged as part of the deal with Bornes Solutions, a subsidiary of a firm within ICG Infra's portfolio, they added on Wednesday.

ICG will become a majority shareholder, a spokesperson said.

The funds raised should enable Zeplug to accelerate its expansion in Europe and the United States, the companies said.

($1 = 1.0014 euros)

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29-09-2022 20:55:17 (UTC+7)

EUR/USD

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 EUR/USD0.9741Neutral
 GBP/USD1.0989↑ Buy
 USD/JPY144.52↑ Sell
 AUD/USD0.6483↑ Buy
 USD/CAD1.3705↑ Buy
 EUR/JPY140.79Buy
 EUR/CHF0.9560↑ Buy
 Gold1,661.95Sell
 Silver18.738Neutral
 Copper3.4030↑ Buy
 Crude Oil WTI81.94Neutral
 Brent Oil87.81Neutral
 Natural Gas6.745Sell
 US Coffee C227.07↑ Buy
 Euro Stoxx 503,270.65↑ Sell
 S&P 5003,650.03↑ Sell
 DAX11,945.55↑ Sell
 FTSE 1006,867.74Sell
 Hang Seng17,165.87↑ Buy
 Small Cap 20001,667.85↑ Sell
 IBEX 357,288.76↑ Sell
 BASF38.595Neutral
 Bayer47.51↑ Sell
 Allianz158.68↑ Sell
 Adidas125.50↑ Sell
 Lufthansa5.816↑ Sell
 Siemens AG97.75Sell
 Deutsche Bank AG7.505↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,450/ 6,550
(40/ 40) # 1,787
SJC HCM6,455/ 6,555
(35/ 35) # 1,796
SJC Hanoi6,455/ 6,557
(35/ 35) # 1,798
SJC Danang6,455/ 6,557
(35/ 35) # 1,798
SJC Nhatrang6,455/ 6,557
(35/ 35) # 1,798
SJC Cantho6,455/ 6,557
(35/ 35) # 1,798
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Cập nhật lúc 17:59:34 29/09/2022
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