Spring Lane Capital, a private equity firm focused on providing catalytic project capital for sustainability solutions in the energy, food, water and waste industries, announced today a project equity commitment by its private fund to 7 Generation Capital (“7Gen”), a developer of commercial electric vehicle (“EV”) projects focused on commercial fleets.
The $20M equity investment in 7Gen will catalyze the development of commercial EV charging infrastructure throughout Canada. 7Gen provides a unique value proposition as a one stop shop for commercial fleet operators, offering assistance with costing and implementation, access to vehicles and charging infrastructure, as well as ongoing support and maintenance in one convenient package.
Read more/Source: Private Capital Journal
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