.
MergerLinks Header Logo

New Deal


Announced

Alliance Resource Partners to invest in Francis Energy.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Pending

Acquisition

Majority

Private

Single Bidder

Auto Services

Friendly

United States

electric vehicle charging

Domestic

Synopsis

Edit

Alliance Resource Partners, a diversified energy company, agreed to invest in Francis Energy, the owner and operator of the nation’s first comprehensive statewide network of electric vehicle fast charging infrastructure. Financial terms were not disclosed. "The growth of the electric vehicle market in the United States is undeniable and the need to buildout EV charging infrastructure to support this growth is critical. We view our investment with Francis Energy as an important step in ARLP’s participation in this next generation energy platform," Joseph W. Craft III, ARLP Chairman, President and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US