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Koch, Eyeing $3 Billion in Growth Equity Bets, Backs EV Charging Group
- Electric vehicle charging company to go public via TPG SPAC
- Koch deployed $1.2 billion since November, backed REE, Freyr
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Koch Strategic Platforms has made an investment in EVBox Group, the electric-vehicle charging specialist that agreed to go public through a merger with TPG Pace Beneficial Finance Corp.
“We believe there are huge opportunities for charging and EVBox will become a global leader,” KSP President David Park said in an interview. He said the companies will consider installing charging stations at Koch offices across the globe. He declined to provide the size of the firm’s commitment to EVBox, which hasn’t previously been disclosed.