IMPROVED advises EnviroSpark on the $50mn investment from Basalt Infrastructure Partners

“Securing this substantial funding milestone marks a pivotal moment for EnviroSpark. With strategic support from Basalt, we are poised to accelerate our mission of fostering sustainable transportation solutions. This investment not only fuels our expansion efforts but also reinforces our commitment to making electric mobility accessible and convenient for all.”

“As part of our strategy to invest in compelling scale-up opportunities in low carbon infrastructure, Basalt is delighted to be partnering with EnviroSpark to help drive their next phase of growth in delivering long-term sustainable EV charging solutions to customers across North America. EnviroSpark’s industry-leading team is accelerating the build-out of the EV-charging network across North America at this pivotal time for the clean transportation sector and we are proud to be sharing in their mission.”

“This transaction underscores EnviroSpark’s robust fundamentals and fantastic growth positioning in the huge market for EV charging infrastructure across the United States. As exclusive financial advisors on this transatlantic deal, we are proud to have facilitated a partnership that promises to advance the accessibility and efficiency of EV charging. We extend our congratulations to both the EnviroSpark and Basalt teams and look forward to their continued success and innovation in the sector.”