SLB Advises on Sale Leasebacks For Leading EV Fast Charging Solutions Provider EVgo
March 27, 2024 – EVgo Leverages Strategic Capital Model to Grow Fast Charging Footprint
SLB Capital Advisors, a real estate advisory firm focused on executing sale leasebacks for corporations and private equity firms, arranged four transactions on behalf of EVgo, a leader in electric vehicle charging solutions. Three of the properties are located in Southern California and one in Brooklyn, NY.
Malik Franklin, a partner with SLB Capital Advisors, and the principal architect of the transaction, said the deal is noteworthy for investors because the underlying real estate housing the charging stations represents an emergent source of exposure to renewable assets for both traditional SLB investors and the growing stable of infrastructure investors.
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