ENGIE : A surprise deal in electric vehicle charging stations
>Details of the transaction - On Friday Engie announced a major deal for its electric car charging subsidiary EVBox, which it acquired in 2017. TPG Pace Group raised $ 350m as part of the listing of a special purpose acquisition company (SPAC), TPG Pace Beneficial Finance (TPGY), in October 2020. Alongside this listing, TPGY secured a further $ 100m in forward purchase agreements (FPA) lifting TPGY’s capital base to $ 450m. TPGY has entered into a transaction agreeme...Engie is an industrial group, based in France, active in the fields of gas, electricity, energy services and the environment. Co. is an energy provider across the entire energy chain, in electricity and in natural gas, including: purchase, production and commercialization of natural gas and electricity; transport, distribution, management and development of major natural gas infrastructures; design and commercialization of energy services and environment-related services. Co.'s activities are conducted through five segments: Energy Europe, Energy International, Global Gas and LNG, Infrastructures, and Energy Services.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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