HomeIrelandRubicon Makes Follow-on Investment in EasyGo

Rubicon Makes Follow-on Investment in EasyGo

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Rubicon Capital Advisors, through its asset management business, announced the acquisition of a further 15.5% equity interest in Erapid Charger Company Limited, trading as “EasyGo,” an Irish Electric Vehicle charge point solutions provider.

This brought Rubicon AM’s overall investment in EasyGo to over 50%.

Led by Chris Kelly, co-founder and CEO, EasyGo is a privately owned Electric Vehicle (“EV”) charge point solutions provider. Its charging network provides access to over 4,000 charging points in 1,500 locations across Ireland and Northern Ireland, accessible via the app which currently has over 58,000 registered subscribers.

In October, the company announced a €30m capital raise from Aviva Investors, which will be used to continue the roll-out of fast chargers in Ireland along with adding 60 new jobs.

FinSMEs

13/12/2023

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