Announced
Financials
Tags
Pending
Acquisition
Majority
Private
Single Bidder
Auto Services
Friendly
United States
electric vehicle charging
Domestic
Synopsis
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.
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