Charging
Allego logo

$ALLG

🇳🇱

Pan-European charging network operator with stations across 16 countries, listed on the NYSE. Over 40,000 charge points including ultra-fast hubs at key highway and urban locations across Europe. Focused on building an open, interoperable charging network through partnerships with automakers, fleet operators, and property owners.

Key Milestones

Apr 2013
Launch

Founded by Dutch grid operator Alliander as Alliander Mobility Services to build pan-European public charging; mandate is to deploy fast-charging where TSO/DSO know grid capacity is available

Jan 2018
Expansion

Acquired by infrastructure investor Meridiam from Alliander; freed of Dutch utility's regulated capex caps, expands to 12 European countries chasing CEF-AT and EU recovery-fund tenders

Mar 2022
Milestone

Listed on NYSE via SPAC merger with Spartan Acquisition Corp III at $3.1B EV; uses proceeds to fund MEGA-E ultra-fast hub buildout across European motorway corridors

Apr 2023
Commercial

First MEGA-E hub opens in Trondheim, Norway with 14 ultra-fast (350 kW) chargers; signature MEGA-E brand for Allego's flagship 12-20 stall sites at highway crossroads

Jun 2024
Milestone

Meridiam announces tender offer to take Allego private at $1.70/share, $1.46B EV; Allego's NYSE share price down 90%+ since SPAC peak - delisting cleans up balance sheet for next-phase capex

Sep 2024
Milestone

Reaches 40,000+ charge points across 16 countries; majority owned by Meridiam after take-private tender clears 95% threshold

Sep 2025
Milestone

Take-private complete; delisted from NYSE under Meridiam control - public-charging SPAC era effectively over for European operators

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Charging - Allego | Sterling