Allego Enters into Strategic Partnership with ARCOS A355 Motorway, Subsidiary of VINCI Autoroutes
21 Gennaio 2022 - 5:09PM
Business Wire
- Allego to build a charging site along A355 Motorway
- Project expands on robust series of contracts to build charging
sites across Europe
Allego Holding B.V. (“Allego” or “the “Company”), a leading
pan-European electric vehicle charging network that recently
announced a business combination with Spartan Acquisition Corp. III
(“Spartan”) (NYSE: SPAQ), today announced that it has entered into
a strategic partnership with ARCOS, a subsidiary of VINCI
Autoroutes, to build a charging site along the A355 motorway in
France.
The A355 Motorway is highly trafficked, with, on average, more
than 28,000 individual vehicles using the road each day. Allego
expects to continue to build additional sites along the highway in
the coming years.
Allego’s new charging site will be located at the Aire de la
Bruche service area on the A355 motorway, at Strasbourg Metropole’s
east-west bypass. The project will install a total of 5 chargers
including FC 50 kW (fast) chargers with two CCS, CHAdeMo and Type 2
sockets, and HPC 150-300 kW (ultra-fast) chargers full CCS sockets.
The Aire de la Bruche charging site is expected to be operational
in January 2022, and will also offer a restaurant and other
facilities.
“We are pleased to expand our charging footprint alongside this
well-trafficked motorway,” said Mathieu Bonnet, CEO of Allego. “As
the market for electric vehicles continues to rapidly grow, vehicle
owners require proportional scaling of charging equipment, and we
are very pleased to partner with ARCOS to expand charging
infrastructure in France. We look forward to continuing to advance
e-mobility across all of Europe.”
About Allego Allego delivers charging solutions for
electric cars, motors, buses and trucks, for consumers, businesses
and cities. Allego’s end-to-end charging solutions make it easier
for businesses and cities to deliver the infrastructure drivers
need, while the scalability of our solutions makes us the partner
of the future. Founded in 2013, Allego is a leader in charging
solutions, with an international charging network comprised of more
than 26,000 charge points operational throughout Europe – and
growing rapidly. Our charging solutions are connected to our
proprietary platform, EV-Cloud, which gives us and our customers a
full portfolio of features and services to meet and exceed market
demands. We are committed to providing independent, reliable and
safe charging solutions, agnostic of vehicle model or network
affiliation. At Allego, we strive every day to make EV charging
easier, more convenient and more enjoyable for all.
About Spartan Acquisition Corp. III Spartan Acquisition
Corp. III is a special purpose acquisition entity focused on the
energy value-chain and was formed for the purpose of entering into
a merger, amalgamation, capital stock exchange, asset acquisition,
stock purchase, reorganization or similar business combination with
one or more businesses. Spartan is sponsored by Spartan Acquisition
Sponsor III LLC, which is owned by a private investment fund
managed by an affiliate of Apollo Global Management, Inc. (NYSE:
APO). For more information, please visit
www.spartanspaciii.com.
Forward-Looking Statements. All statements other than
statements of historical facts contained in this press release
(“Press Release”) are forward-looking statements. Forward-looking
statements may generally be identified by the use of words such as
“believe,” “may,” “will,” “estimate,” “continue,” “anticipate,”
“intend,” “expect,” “should,” “would,” “plan,”, “project,”
“forecast,” “predict,” “potential,” “seem,” “seek,” “future,”
“outlook,” “target” or other similar expressions (or the negative
versions of such words or expressions) that predict or indicate
future events or trends or that are not statements of historical
matters. These forward-looking statements include, but are not
limited to, statements regarding estimates and forecasts of other
financial and performance metrics and projections of market
opportunity and market share. These statements are based on various
assumptions, whether or not identified in this Press Release, and
on the current expectations of Allego’s management and are not
predictions of actual performance. These forward-looking statements
are provided for illustrative purposes only and are not intended to
serve as, and must not be relied on as a guarantee, an assurance, a
prediction or a definitive statement of fact or probability. Actual
events and circumstances are difficult or impossible to predict and
may differ from assumptions, and such differences may be material.
Many actual events and circumstances are beyond the control of
Allego. These forward-looking statements are subject to a number of
risks and uncertainties, including (i) changes in domestic and
foreign business, market, financial, political and legal
conditions; (ii) risks related to the rollout of Allego’s business
strategy and the timing of expected business milestones; (iii)
risks related to the consummation of the proposed business
combination with Spartan being delayed or not occurring at all;
(iv) risks related to political and macroeconomic uncertainty; (v)
the risk that the installation of the new charging site is delayed
or does not occur at all; (vi) the risk that the benefits to Allego
of the new charging site are delayed, are less than anticipated or
do not occur at all; and (vii) the impact of the global COVID-19
pandemic, including its impact on any of the foregoing risks. If
any of these risks materialize or Allego’s assumptions prove
incorrect, actual results could differ materially from the results
implied by these forward-looking statements. There may be
additional risks that Allego does not presently know or that Allego
currently believes are immaterial that could also cause actual
results to differ from those contained in the forward-looking
statements. In addition, forward-looking statements reflect
Allego’s expectations, plans or forecasts of future events and
views as of the date of this Press Release. Allego anticipates that
subsequent events and developments will cause Allego’s assessments
to change. However, while Allego may elect to update these
forward-looking statements at some point in the future, Allego
specifically disclaims any obligation to do so, unless required by
applicable law. These forward-looking statements should not be
relied upon as representing Allego’s assessments as of any date
subsequent to the date of this Press Release. Accordingly, undue
reliance should not be placed upon the forward-looking
statements.
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For Allego Investors investors@allego.eu Media
allegoPR@icrinc.com
For Spartan Acquisition Corp. III Investors
info@spartanspacIII.com Media Communications@apollo.com
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