EnviroSpark, an Atlanta, GA-based electric vehicle (EV) charging company, received a $50M investment from Basalt Infrastructure Partners.
The company intends to use the funds to expand its owned and operated network across the US, innovate its technologies, and further enhance the accessibility and sustainability of EV infrastructure.
Led by Aaron and Stephanie Luque, EnviroSpark specializes in design, installation and operation of EV charging solutions. The company is responsible for more than 8,200 installations of charging plugs across North America to date. EnviroSpark has recently signed strategic partnerships with industry leaders across various sectors, including RaceTrac, Waffle House, IHG Hotels & Resorts, Ford Dealerships, HHHunt, and Asset Living. In addition to partnerships with Tesla, Volkswagen, Volta (recently acquired by Shell), and Starwood Capital Group, the company has also partnered with the U.S. Federal Government through the General Services Administration.
Commenting on the news, Aaron Luque said: “With strategic support from Basalt, we are poised to accelerate our mission of fostering sustainable transportation solutions. This investment not only fuels our expansion efforts but also reinforces our commitment to making electric mobility accessible and convenient for all.“
FinSMEs
03/05/2024