EVgo Inc Class A
EVGO: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|wFZJy&W | LOCK|CQP | LOCK|#Y<$x$ |
EVgo: $1.25 Billion Government Loan Enhances Liquidity; Maintaining $3.50 Fair Value Estimate
On Dec. 12 EVgo announced closing a $1.25 billion guaranteed loan facility from the US Department of Energy. The loan guarantee is expected to support the deployment of approximately 7,500 fast-charging stalls.
