FMI Advises EV Infrastructure in Acquisition by White Deer Energy
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PRN | 1 day ago
DENVER: FMI is pleased to announce that Renewable Energy Infrastructure Group's electric vehicle infrastructure design-build business (EV Infrastructure or the Company) has been acquired by White Deer Energy (White Deer).
FMI Capital Advisors served as the exclusive financial advisor to EV Infrastructure and Renewable Energy Infrastructure Group, a portfolio company of funds managed by Oaktree Capital Management, L.P., for this transaction.
EV Infrastructure is a leading provider of electric vehicle infrastructure engineering and construction services, primarily to commercial fleet operators. Founded in 2012, the Company is focused on the engineering and construction of level 2 and level 3 high power fast-charging stations, which typically serve utility, commercial and municipal applications. EV Infrastructure is an experienced provider of turnkey electric vehicle infrastructure installation solutions from inception to commissioning, which includes design/consulting in the planning phase to installation management services in the execution phase.
Meghan Leggett, Principal at White Deer, commented, As a first mover in the space, EV Infrastructure has distinguished itself as the premier EV charging infrastructure design and build company. We look forward to partnering with Kelly [Fishback] and the EV Infrastructure team in supporting the Company's future growth.
We have experienced tremendous growth over the past several years and are proud of the team and infrastructure we have built, said Kelly Fishback, CEO of EV Infrastructure. We look forward to partnering with White Deer to continue this growth by increasing our presence in existing markets and expanding into new states.
FMI Advises EV Infrastructure in Acquisition by White Deer Energy