Shell acquires Greenlots

January 31, 2019
Owning the Energy Transition More...
by Max Halik
Very important

Shell New Energies recently acquired Greenlots, a leading EV charging network infrastructure developer. Greenlots has made news in the past for an investment from Energy Impact Partners, as well as being selected as the sole software provider for Volkswagen's network of fast chargers across the U.S. in its "Electrify America" project. This acquisition from Shell follows on the heels of recent moves by other O&G and utility players, such as the acquisition of eMotorWerks by Enel, G2mobility by Total, and Chargemaster by BP, as well as numerous other smaller investments in the space. Clients should regard EV charging as a particular hotspot area for investment activity, one from which the major developers are rapidly vanishing.

For the original news article, click here .

Further Reading

BBOXX closes $6.7 million crowdfunding round for solar home systems in Africa

News Commentary | March 07, 2019

BBOXX announced the completion of a crowdfunded debt raise round for a total of €6 million ($6.7 million). This comes on the heels of a $31 million equity investment from African Infrastructure Investment Managers (AIMM) in January of 2019. In recent years, BBOXX has turned exclusively to ... Not part of subscription

Tachyus raises $15 million in Series B from Cottonwood Venture Partners to move further into the cloud

News Commentary | May 21, 2019

The past few weeks have seen several digital oilfield startups raise funding rounds, notably Data Gumbo and Novi Labs, with the latter also raising an investment from Cottonwood Venture Partners (CVP). Tachyus will utilize the $15 million funding round to deploy its physics‑based E&P ... Not part of subscription

Asahi Kasei increases CVC fund by 50%, earmarks money for Chinese investments

News Commentary | August 16, 2019

This increase adds $75 million to the fund. Japanese companies are increasingly getting aggressive about external innovation, especially in foreign hotspots like Silicon Valley. Materials CVCs should expect more competition for leading startups going forward. Not part of subscription