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EVgo Inc.

4.29

-0.0700-1.61%

Pre-market: 4.28-0.0100-0.23%04:06 EDT

Volume:2.94M

Turnover:12.64M

Market Cap:575.58M

PE:-10.68

High:4.45

Open:4.28

Low:4.26

Close:4.36

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Overview Company News Filings

EVgo Inc - Announces Secondary Offering of 23 Mln Class a Shares

THOMSON REUTERS

EVgo Inc. Announces Secondary Offering of Class A Common Stock

Stock Track | EVgo Inc. Stock Plummets 5.09% as Trump Team Plans Rollback of EV Support Policies

Trump Transition Team Plans Sweeping Rollback of Biden EV, Emissions Policies

Tortoise Capital Announces Index Updates for Fourth Quarter 2024

EVgo Investors Get 'Holiday Gift' As Company Closes $1.25 Billion DOE Loan

Top Stock Movers Now: Broadcom, Supermicro, RH, and More

EVgo call volume above normal and directionally bullish

EVgo Shares Down 3.1%; Co Closes $1.25 Bln Guaranteed Loan Facility From U.S. Dept of Energy

THOMSON REUTERS

EVgo Gets DOE Loan To Triple Network Without Issuing Shares; Stock Rises Near Buy Point

EVgo Closes $1.25 Billion DOE Loan Facility to Fund Charging Network Expansion

MT Newswires Live

EVgo Shares up 11.1% Premarket After Co Closes $1.25 Bln Guaranteed Loan Facility From U.S. Dept of Energy

THOMSON REUTERS

U.S. Stocks to Watch: Broadcom, AVL, Nvidia, Tesla, RH, EVgo, XPeng, Costco, and More

EVgo announces closing of $1.25B Department of Energy loan

EVgo Shares Rise 11%, Company Closes $1.25B Loan Facility from Energy Department

EVgo Secures $1.25 Billion for Charging Expansion

EVgo Inc - Loan to Support Deployment of 7,500 Fast Charging Stalls

THOMSON REUTERS

EVgo Closes $1.25 Billion Guaranteed Loan Facility From U.S. Department of Energy

THOMSON REUTERS

EVgo Closes $1.25 Billion Guaranteed Loan Facility from U.S. Department of Energy

Companies Like EVgo (NASDAQ:EVGO) Are In A Position To Invest In Growth

Simply Wall St.

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Announces Secondary Offering of Class A Common Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2492628575","media":"Business Wire","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492628575?lang=en_us&edition=fundamental","pubTime":"2024-12-17 05:10","pubTimestamp":1734383400,"startTime":"0","endTime":"0","summary":"LOS ANGELES, December 16, 2024----EVgo Inc.   announced today that EVgo Holdings, LLC, an affiliate of LS Power Equity Partners IV, L.P. , intends to offer for sale in an underwritten public secondary offering 23,000,000 shares of Class A common stock, par value $0.0001 per share  of the Company. LS Power expects to grant the underwriters a 30-day option to purchase up to an additional 3,450,000 Class A Shares at the public offering price, less the underwriting discounts and commissions. No Class A Shares are being sold by the Company. LS Power will receive all of the proceeds from the sale of Class A Shares in the offering, and the Company will not receive any proceeds from this offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/kvJ5vTG7ZVJ5Ch2RfiXPdw--~B/aD0yOTU7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/81b34c5469b723baacbe9ee2d9fef8d8","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/kvJ5vTG7ZVJ5Ch2RfiXPdw--~B/aD0yOTU7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/81b34c5469b723baacbe9ee2d9fef8d8"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/evgo-inc-announces-secondary-offering-211000574.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["EVGO","LU0225283273.USD","LU2089284900.SGD","LU2089283258.USD","BK4504","LU0267386448.USD","LU2023251221.USD","LU1989772840.SGD","LU1548497426.USD","LU0158827948.USD","LU1074936037.SGD","LU0098860793.USD","LU2111349929.HKD","LU2357305700.SGD","LU2028103732.USD","LU1363072403.SGD","BK4516","LU0106261372.USD","LU0320765646.SGD","BK4127","IE00BKVL7J92.USD","LU0006306889.USD","BK4214","LU1989772923.USD","BK4585","IE00BZ1G4Q59.USD","LU1162221912.USD","LU1720051017.SGD","BK4534","LU0106831901.USD","LU1720051108.HKD","LU0314104364.USD","BK4581","LU2271345857.HKD","EVGOW","BK4588","LU1668664300.SGD","LU0158827781.USD","LU0971096721.USD"],"gpt_icon":0},{"id":"1134350714","title":"Stock Track | EVgo Inc. 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Following the close of trading on Friday, Dec. 20, 2024, the indices will be rebalanced according to their stated methodologies and as a result, the following changes will become effective.Full constituent lists for each index from the previous quarter rebalance can be found here:. The Tortoise MLP Index is a float-adjusted, capitalization weighted index of energy master limited partnerships . The index is comprised of publicly traded companies organized in the form of limited partnerships or limited liability companies engaged in transportation, production, processing and/or storage of energy commodities.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/gzz6J3EUPmNZtFksgd3nZg--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/accesswire.ca/4fbe4127ce595ce9066a78c700c57ab4","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/gzz6J3EUPmNZtFksgd3nZg--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/accesswire.ca/4fbe4127ce595ce9066a78c700c57ab4"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/tortoise-capital-announces-index-updates-210000366.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["EOSE","LB","EVGO","SOBO","EVGOW","EOSEW","CWT"],"gpt_icon":0},{"id":"2491838855","title":"EVgo Investors Get 'Holiday Gift' As Company Closes $1.25 Billion DOE Loan","url":"https://stock-news.laohu8.com/highlight/detail?id=2491838855","media":"Investopedia","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491838855?lang=en_us&edition=fundamental","pubTime":"2024-12-14 04:38","pubTimestamp":1734122307,"startTime":"0","endTime":"0","summary":"EVgo announced it had closed out a $1.25 billion loan facility with the Department of Energy to construct more EV charging stations.The company will use the money to deploy 7,500 chargers nationwide over the next five years.EVgo warned that its \"business will be materially and adversely affected\" if it fails to meet the conditions of the loan.EVgo  shares went on a roller coaster ride Friday after the electric vehicle charging station maker received $1.25 billion in loan guarantees from the federal government to build more chargers.The company reported that it had closed out the loan facility from the U.S. Department of Energy Loan Programs Office under its Title 17 Clean Energy Financing Program.EVgo said the money would be used to construct 7,500 fast-charging stalls nationwide, giving it at least 10,000 in its owned and operated network. The chargers will be installed over five years beginning next year.Do you have a news tip for Investopedia reporters?","market":"fut","thumbnail":"https://www.investopedia.com/thmb/fHcpAi5QTbYOdZugym520xNNCpU=/7708x4980/filters:no_upscale():max_bytes(150000):strip_icc()/INV_EVgo_Station_GettyImages-1812435293-f1ada34a45244f46ad6e5a2041e518a7.jpg","type":0,"news_type":0,"thumbnails":["https://www.investopedia.com/thmb/fHcpAi5QTbYOdZugym520xNNCpU=/7708x4980/filters:no_upscale():max_bytes(150000):strip_icc()/INV_EVgo_Station_GettyImages-1812435293-f1ada34a45244f46ad6e5a2041e518a7.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.investopedia.com/evgo-gets-usd1-25-billion-in-federal-loan-guarantees-to-build-more-ev-chargers-8761204","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"investopedia_highlight","symbols":["EVGO","ISBC","BK4214","EVGO.AU","BK4211"],"gpt_icon":0},{"id":"2491304775","title":"Top Stock Movers Now: Broadcom, Supermicro, RH, and More","url":"https://stock-news.laohu8.com/highlight/detail?id=2491304775","media":"Investopedia","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491304775?lang=en_us&edition=fundamental","pubTime":"2024-12-14 02:15","pubTimestamp":1734113710,"startTime":"0","endTime":"0","summary":"Major U.S. indexes were slightly lower at midday Friday as markets pulled back from the post-election rally that sent them into record territory.Super Micro Computer shares tumbled amid concerns the stock could be removed from the Nasdaq 100 Index. Broadcom shares soared after the chipmaker's earnings and outlooked topped estimates.Major U.S. indexes were slightly lower at midday Friday as the markets took a break from their record-setting performance following the presidential election last month. The Dow, S&P 500, and Nasdaq all lost ground.Super Micro Computer  shares tumbled amid concerns the computer server maker’s stock could be knocked off the Nasdaq 100 Index.Shares of Charles Schwab  also fell as the discount brokerage and asset manager reported its sweep cash in November was flat from the month before.EVgo  shares took off after the federal government granted theelectric vehicle charging station network $1.25 billion in loan guarantees.Broadcom  was the best-performing stock ","market":"sg","thumbnail":"https://www.investopedia.com/thmb/2NWfliZULXDSy24co4HUa2KIKjg=/4000x2666/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-16344088721-d053f4b7a4db41d28267b1726a6a26ca.jpg","type":0,"news_type":0,"thumbnails":["https://www.investopedia.com/thmb/2NWfliZULXDSy24co4HUa2KIKjg=/4000x2666/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-16344088721-d053f4b7a4db41d28267b1726a6a26ca.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.investopedia.com/top-stock-movers-now-broadcom-supermicro-rh-and-more-8761112","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"investopedia_highlight","symbols":["LU1992135472.HKD","LU2108987350.USD","AVGO","BK4150","EVGO.AU","LU1162221912.USD","LU0097036916.USD","LU1366192091.USD","BK4598","LU1548497426.USD","LU2279689827.SGD","NQmain","LU2286300806.USD","SCHW","IE00BLSP4239.USD","LU0096362180.USD","IE00BVYPNV92.GBP","LU2237443622.USD","SG9999004303.SGD","BK4214","LU0861579265.USD","SG9999014039.USD","LU1670710588.SGD","IE00BN8TJ469.HKD","SG9999015952.SGD","EVGO","IE00B5949003.HKD","LU2430703095.HKD","LU0130517989.USD","BK4589","LU2237443465.HKD","LU0127658192.USD","AVGOP","LU2023250843.SGD","LU2461242641.AUD","BK4554","LU1201861249.SGD","LU0345774391.USD","BK4575","BK4566","RH","PENN","IE00B19Z9Z06.USD","LU2237443978.SGD","SG9999002232.USD","SG9999001424.SGD","SG9999014005.SGD","LU0820561909.HKD","LU0256863902.USD"],"gpt_icon":1},{"id":"2491374459","title":"EVgo call volume above normal and directionally bullish","url":"https://stock-news.laohu8.com/highlight/detail?id=2491374459","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491374459?lang=en_us&edition=fundamental","pubTime":"2024-12-13 23:45","pubTimestamp":1734104713,"startTime":"0","endTime":"0","summary":"Bullish option flow detected in EVgo (EVGO) with 6,481 calls trading, 5x expected, and implied vol increasing over 1 point to 89.77%. Dec-24 7 call...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/evgo-call-volume-above-normal-and-directionally-bullish-6?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/evgo-call-volume-above-normal-and-directionally-bullish-6?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["EVGO","BK4214"],"gpt_icon":0},{"id":"2491766223","title":"EVgo Shares Down 3.1%; Co Closes $1.25 Bln Guaranteed Loan Facility From U.S. Dept of Energy","url":"https://stock-news.laohu8.com/highlight/detail?id=2491766223","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491766223?lang=en_us&edition=fundamental","pubTime":"2024-12-13 22:56","pubTimestamp":1734101767,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241213:nL4N3NE0XY:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["EVGO","BK4214"],"gpt_icon":0},{"id":"2491981373","title":"EVgo Gets DOE Loan To Triple Network Without Issuing Shares; Stock Rises Near Buy 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stalls.","market":"fut","thumbnail":"https://www.investors.com/wp-content/uploads/2021/07/Stock-EVgo-02-adobe-150x150.jpg","type":0,"news_type":0,"thumbnails":["https://www.investors.com/wp-content/uploads/2021/07/Stock-EVgo-02-adobe-150x150.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.investors.com/news/evgo-stock-near-buy-point-doe-loan-finalized/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"investor_business_daily_highlight","symbols":["WBX","IE00BJLML261.HKD","IE00BK4W5M84.HKD","LU0082616367.USD","LU2023250330.USD","LU2249611893.SGD","LU0823411888.USD","LU0943347566.SGD","LU2063271972.USD","BK4574","LU0198837287.USD","EVGO.AU","LU1629891620.HKD","LU0097036916.USD","LU0964807845.USD","LU0466842654.USD","LU0234572021.USD","LU1720051017.SGD","LU1914381329.SGD","LU2087621335.USD","LU0820561818.USD","LU0820561909.HKD","TSYW.SI","BK4598","LU1548497426.USD","BK4099","EVGO","CHPT","LU1551013425.SGD","LU1435385759.SGD","BK4585","LU2756315664.SGD","BK4555","LU0823414478.USD","SG9999015978.USD","LU2213496289.HKD","BK4551","LU1551013342.USD","LU1429558221.USD","BK4214","LU0820562030.AUD","BK4534","LU1861220033.SGD","IE00B1XK9C88.USD","LU1861215975.USD","LU2756315318.SGD","TSLA","LU1861559042.SGD","BK4533","BK4542"],"gpt_icon":1},{"id":"2491035721","title":"EVgo Closes $1.25 Billion DOE Loan Facility to Fund Charging Network Expansion","url":"https://stock-news.laohu8.com/highlight/detail?id=2491035721","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491035721?lang=en_us&edition=fundamental","pubTime":"2024-12-13 20:24","pubTimestamp":1734092644,"startTime":"0","endTime":"0","summary":"EVgo  said Thursday that it closed a $1.25 billion guaranteed loan facility from the US Department of Energy's Loan Programs Office.The loan facility is under the department's Title 17 clean energy financing program that will support the company's efforts to build 7,500 new fast-charging stalls nationwide, according to EVgo.The facility includes a $1.05 billion principal amount with up to $193 million capitalized interest and the possible first drawdown of $75 million is expected in January, subject to satisfaction of all conditions.EVgo shares were up 11% in recent after-hours 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18:35","pubTimestamp":1734086155,"startTime":"0","endTime":"0","summary":"US stock futures were rising Friday with the Dow Jones Industrial Average on track to end a losing streak of six straight sessions.These stocks were poised to make moves Friday:$Broadcom(AVGO)$ - 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announces closing of $1.25B Department of Energy loan","url":"https://stock-news.laohu8.com/highlight/detail?id=2491934233","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491934233?lang=en_us&edition=fundamental","pubTime":"2024-12-13 17:55","pubTimestamp":1734083715,"startTime":"0","endTime":"0","summary":"EVgo (EVGO) announced the closing of its $1.25B guaranteed loan facility from the Department of Energy Loan Programs Office under its Title 17 Clea...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/evgo-announces-closing-of-1-25b-department-of-energy-loan?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/evgo-announces-closing-of-1-25b-department-of-energy-loan?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["EVGO","BK4214"],"gpt_icon":0},{"id":"2491368476","title":"EVgo Shares Rise 11%, Company Closes $1.25B Loan Facility from Energy Department","url":"https://stock-news.laohu8.com/highlight/detail?id=2491368476","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491368476?lang=en_us&edition=fundamental","pubTime":"2024-12-13 06:27","pubTimestamp":1734042420,"startTime":"0","endTime":"0","summary":"Shares of electric-vehicle charging company EVgo were trading higher in the after-hours market following news it closed a $1.25 billion loan facility from the U.S. Energy Department.After the bell Thursday, the company's shares had risen about 11% to trade at $6.90. Volume in the late session topped 2.2 million shares.The company's stock finished the day's regular session with a 3.8% loss, closing at $6.22.The company said the loan, made under the department's Title 17 Clean Energy Financing Program, will support nationwide deployment of about 7,500 high-power fast charging stalls. The buildout will bring EVgo's total owned and operated network to at least 10,000 fast charging stalls, the company said.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"EVgo Shares Rise 11%, Company Closes $1.25B Loan Facility from Energy Department","news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["EVGO","BK4214"],"gpt_icon":1},{"id":"2491368812","title":"EVgo Secures $1.25 Billion for Charging Expansion","url":"https://stock-news.laohu8.com/highlight/detail?id=2491368812","media":"TIPRANKS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491368812?lang=en_us&edition=fundamental","pubTime":"2024-12-13 06:04","pubTimestamp":1734041067,"startTime":"0","endTime":"0","summary":"The latest update is out from EVgo ( ($EVGO) ). EVgo Inc. has secured a $1.25 billion loan facility from the U.S. Department of Energy to support t...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/evgo-secures-1-25-billion-for-charging-expansion?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/evgo-secures-1-25-billion-for-charging-expansion?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4214","EVGO"],"gpt_icon":0},{"id":"2491573053","title":"EVgo Inc - Loan to Support Deployment of 7,500 Fast Charging Stalls","url":"https://stock-news.laohu8.com/highlight/detail?id=2491573053","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491573053?lang=en_us&edition=fundamental","pubTime":"2024-12-13 05:05","pubTimestamp":1734037501,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241212:nTUA4HFSZY:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4214","EVGO"],"gpt_icon":0},{"id":"2491135459","title":"EVgo Closes $1.25 Billion Guaranteed Loan Facility From U.S. Department of Energy","url":"https://stock-news.laohu8.com/highlight/detail?id=2491135459","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491135459?lang=en_us&edition=fundamental","pubTime":"2024-12-13 05:05","pubTimestamp":1734037501,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241212:nTUA4HFSZY:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4214","EVGO"],"gpt_icon":0},{"id":"2491352656","title":"EVgo Closes $1.25 Billion Guaranteed Loan Facility from U.S. Department of Energy","url":"https://stock-news.laohu8.com/highlight/detail?id=2491352656","media":"Business Wire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491352656?lang=en_us&edition=fundamental","pubTime":"2024-12-13 05:05","pubTimestamp":1734037500,"startTime":"0","endTime":"0","summary":"EVgo fast charging network to further expand across the United States. . Loan guarantee to support nationwide deployment of approximately 7,500 high-power fast charging stalls. EVgo to host investor conference call at 5 p.m. ET today. LOS ANGELES, December 12, 2024----EVgo Inc.   today announced the closing of its $1.25 billion guaranteed loan facility from the U.S. Department of Energy  Loan Programs Office  under its Title 17 Clean Energy Financing Program to support EVgo’s forthcoming efforts to build convenient, reliable public charging infrastructure for electric vehicles  with the construction of 7,500 new fast charging stalls nationwide. This buildout will bring EVgo’s total owned and operated network to at least 10,000 fast charging stalls, allowing the Company to more than triple its network footprint by 2029.\"As one of the nation’s leading public fast charging providers, we are well-positioned to deploy the infrastructure needed to support both current and future domestic inv","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/dnNs9DkW1yc8D10FXxotzA--~B/aD0yNzA7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/2825c1f6137d5f078bc13f30352f2cc4","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/dnNs9DkW1yc8D10FXxotzA--~B/aD0yNzA7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/2825c1f6137d5f078bc13f30352f2cc4"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/evgo-closes-1-25-billion-210500201.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["EVGO","BK4214","EVGOW"],"gpt_icon":0},{"id":"2491633378","title":"Companies Like EVgo (NASDAQ:EVGO) Are In A Position To Invest In Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2491633378","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491633378?lang=en_us&edition=fundamental","pubTime":"2024-12-12 22:12","pubTimestamp":1734012766,"startTime":"0","endTime":"0","summary":"Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the right price. For example, EVgo  shareholders have done very well over the last year, with the share price soaring by 101%. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.In light of its strong share price run, we think now is a good time to investigate how risky EVgo's cash burn is. For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. We'll start by comparing its cash burn with its cash reserves in order to calculate its cash runway.As you can probably tell by now, we're not too worried about EVgo's cash burn. 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