07:56 AM EDT, 07/28/2025 (MT Newswires) -- EVgo ( EVGO ) said Monday it has closed a senior secured, non-recourse credit facility with international project finance banks amounting to $225 million, with an option to expand financing by $75 million to finance additional growth.

Proceeds will be used to expedite EVgo's ( EVGO ) US-wide deployment of additional high-powered charging infrastructure by over 1,500 stalls, the company said.