Suffolk EV charging company EO Charging has become a publicly listed business in the US after it was acquired by First Reserve Sustainable Growth Corp.
EO, which provides charging solutions to fleet operators across the UK, Ireland and Europe, ranked 27 on the Financial Times’ FT1000 list of Europe’s fastest-growing companies in 2021.
Upon completion of the deal, expected to occur in the fourth quarter, the combined company will be named EO Charging.
“Through this exciting combination, EO is positioned to accelerate our growth timeline, expand our geographic reach, and drive innovation to deliver an ever advancing suite of solutions to our fleet customers,” said Charlie Jardine, EO founder and chief executive.
“We have developed an EV charging ecosystem that makes EO the ultimate plug-in charging partner for any business.”