CPPIB invests in EV charging network ChargePoint
Canada Pension Plan Investment Board (CPPIB) has made an undisclosed investment in ChargePoint, a Campbell, California-based electric vehicle (EV) charging network. The investment was part of a US$240 million Series H financing led by Quantum Energy Partners and joined by multiple other new and existing backers. ChargePoint will use the round's proceeds to continue developing charging solutions for electric passenger vehicles and expand into electric buses, trucks, fleets and beyond. CPPIB said ChargePoint is the initial investment of a new strategy focused on technologies poised to become critical segments of the energy value chain.
28 November 2018•3 mins read
