Investor Presentaiton
Transaction Overview
•
The
Business
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Vision &
Mandate
Offering
Size
Valuation
Capital
Structure
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.
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EVgo is an industry leading builder, owner and operator of EV fast charging in the U.S.
Pure-play investment in essential 21st century infrastructure
Difficult-to-replicate consumer-facing network effect
Climate change is a foundational issue and society is shifting towards decarbonization
Transportation currently generates the largest share of U.S. carbon emissions
EVgo is an essential leader in the transition to clean mobility
Climate Change Crisis Real Impact I ("CRIS") has $230mm of cash in trust
Proposed PIPE size of $400mm
• Pro forma enterprise value of $2.1bn
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Attractively valued entry multiple relative to peers
Existing EVgo shareholders will be rolling 100% of their equity
~$575mm of net proceeds (1) to fully fund business until projected cash flow positive in
2026E
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Strong balance sheet - EVgo has no debt
(1)
Net proceeds assume no redemptions by CRIS stockholders.
EVgo
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