ICG completed a $240m investment in ZEPLUG.

Intermediate Capital Group, an asset management and private equity firm, completed a $240m investment in ZEPLUG, a provider of electric vehicle charging services. "The transaction will strengthen ZEPLUG’s position in France while providing us with the financial means to fuel our growth in the US and expand our presence in other parts of Europe. It will also enable us to grow our Tech platform, with additional features for smart charging, energy optimisation and streamlining of the overall infrastructure cost at a global scale," Frederic Renaudeau, Nicolas Banchet and Gilles Gomis, ZEPLUG Founder & President, CEO and Deputy-CEO.