ChargePoint Holdings, Inc. (NYSE: CHPT), a Campbell, CA-based electric vehicle (EV) charging network, announced a new credit agreement which provides for a $150m revolving credit facility.
The facility was led by J.P. Morgan Chase Bank as Administrative Agent and Joint Lead Arranger, HSBC Innovation Banking as Joint Lead Arranger, and both Citi and Goldman Sachs as Documentation Agents.
The credit facility strengthens the company’s ability to grow with its market opportunities.
Since 2007, ChargePoint has been committed to making it easy for businesses and drivers to go electric with one of the largest EV charging networks and a comprehensive portfolio of charging solutions. The cloud subscription platform and software-defined charging hardware are designed to include options for every charging scenario from home and multifamily to workplace, parking, hospitality, retail, and transport fleets of all types. Today, one account provides access to hundreds of thousands of places to charge in North America and Europe.
FinSMEs
28/07/2023