EVgo Completes Business Combination with Climate Change Crisis Real Impact I Acquisition Corporation

LS Power Acquires EVgo

January 16, 2020

Energy

LS Power has completed its acquisition of EVgo, the largest public fast-charging network for electric vehicles in the United States. The deal positions EVgo to accelerate network expansion and leverage LS Power’s energy infrastructure expertise to support growth and reliability across its nationwide charger footprint.

Allego N.V. Goes Public via Business Combination with Spartan Acquisition Corp. III

March 17, 2022

Energy

Allego N.V., a pan‑European electric vehicle charging network, completed a business combination with Spartan Acquisition Corp. III and began trading on the NYSE under the ticker ALLG following a transaction that provided approximately $161 million of gross proceeds (including a PIPE). Strategic partners including Fisker and Landis+Gyr and institutional investors (including funds managed by Apollo affiliates and ECP) participated in the PIPE; Meridiam rolled 100% of its equity and will remain the majority owner to support Allego's continued European expansion.

ClimeCo Acquires 3GreenTree Ecosystem Service Ltd

January 25, 2023

Environmental Services

ClimeCo, a global sustainability advisory firm, acquired 3GreenTree Ecosystem Service Ltd to deepen its nature-based solutions and forest carbon removal capabilities. The acquisition brings 3GreenTree’s project development and carbon modeling expertise into ClimeCo’s project development team to accelerate turnkey removal projects and expand service offerings across new ecosystems and markets.

Virgin Group Acquisition Corp. II and Grove Collaborative Complete Business Combination

June 14, 2022

Consumer Products

Virgin Group Acquisition Corp. II (VGII) and Grove Collaborative announced the completion of their previously announced business combination, with the combined company expected to trade as Grove Collaborative Holdings, Inc. on the NYSE under the ticker “GROV.” The transaction included an $86 million PIPE investment from affiliates of the VGII sponsor and new/existing Grove investors, including Lone Pine Capital, Sculptor Capital Management, General Atlantic, and Paul Polman.

Einride AB to Go Public via Business Combination With Legato Merger Corp. III

February 27, 2026

Transportation

Einride AB and Legato Merger Corp. III entered into a definitive business combination agreement under which Einride will become a NYSE-listed public company. The transaction is supported by a $113 million oversubscribed PIPE financing (with participation from EQT Ventures and other investors) and includes an additional $100 million crossover financing raised by Einride during 2025.

Shell USA, Inc. Acquires Volta Inc.

March 31, 2023

Energy

Shell USA, Inc., a subsidiary of Shell plc, has completed the all-cash acquisition of Volta Inc., adding Volta’s EV charging and digital out-of-home media network to Shell’s mobility business. The deal, approved by Volta stockholders and cleared by regulators, transfers Volta’s charging-and-media operations into Shell’s U.S. mobility organization.