EVgo to Publicly List through Business Combination with Climate Change Crisis Real Impact I Acquisition Corporation
Vinson & Elkins advised EVgo Services LLC (“EVgo”), the nation’s largest electric vehicle (EV) public fast charging network in the U.S. and a wholly-owned subsidiary of LS Power, in connection with its entry into a definitive agreement with Climate Change Crisis Real Impact I Acquisition Corporation (“Climate Real Impact Solutions” or “CRIS”) for a business combination that would result in EVgo becoming a publicly listed company.
Upon closing of the transaction, the combined company will be named EVgo Inc. and publicly listed under the symbol “EVGO”. The transaction will further elevate EVgo’s position as an industry-leading builder, owner and operator of public EV fast charging in the U.S. by funding and accelerating the company’s growth strategy.
The V&E corporate team was led by partners Ramey Layne, Brenda Lenahan and John Kupiec and senior associates Robert Hughes, Jessica Lewis and Stancell Haigwood, with assistance from associates Mariam Boxwala, Alex Lewis, Lawrence Nelson, Ben Sandlin, Nico Kroeker and Joshua Blankenship. Also advising were partners Jason McIntosh and David Peck, senior associate Megan James and associate Andrew Mandelbaum; counsel Julia Petty; partner Sean Becker; counsel Sarah Fortt; partner Devika Kornbacher, senior associate Ben Cukerbaum and associate Briana Falcon; partner Margaret Peloso, senior associate Lindsay Hall and associate Austin Pierce; and partner Hill Wellford and senior associate Ryan Will.
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