National electric vehicle (EV) charging company EnviroSpark Energy Solutions has secured a $50 million investment by funds advised by Basalt Infrastructure Partners, a midmarket infrastructure equity investment firm focusing on investments in Europe and North America.
This investment will fuel EnviroSpark's mission to revolutionize the EV charging landscape, enabling the company to rapidly expand its owned and operated network across the United States, innovate its cutting-edge technologies and further enhance the accessibility and sustainability of EV infrastructure.
“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,” said Andrew Marsden, Basalt's head of energy transition. “EnviroSpark's industry-leading team is accelerating t