Allego, a Leading pan-European EV Charging Company to Present at the 24th Annual Needham Growth Conference

Rhea-AI Summary

Allego Holding B.V. will present at the 24th Annual Needham Growth Conference on January 13 at 12:30 PM ET. The event will highlight Allego’s progress in electric vehicle charging solutions across Europe, where it operates over 26,000 charge points. The company is set to become publicly traded through a business combination with Spartan Acquisition Corp. III (NYSE: SPAQ). This merger aims to enhance Allego's capacity to deliver reliable and accessible charging solutions, positioning it as a key player in the EV market.

PARIS & ARNHEM, Netherlands & NEW YORK--(BUSINESS WIRE)-- Allego Holding B.V. (“Allego” or “the “Company”), a leading pan-European electric vehicle charging network, announced today that it will present at the 24^th Annual Needham Growth Conference. Members of management will present on Thursday, January 13, at 12:30 pm ET. A webcast to the event will be available at the link HERE.   

Allego has previously announced that it entered into a business combination with Spartan Acquisition Corp. III (“Spartan”) (NYSE: SPAQ), a special purpose acquisition company (SPAC), pursuant to which Allego with combine with Spartan.

About Allego

Allego delivers charging solutions for electric cars, motors, buses and trucks, for consumers, businesses and cities. Allego’s end-to-end charging solutions make it easier for businesses and cities to deliver the infrastructure drivers need, while the scalability of our solutions makes us the partner of the future. Founded in 2013, Allego is a leader in charging solutions, with an international charging network comprised of more than 26,000 charge points operational throughout Europe – and growing rapidly. Our charging solutions are connected to our proprietary platform, EV-Cloud, which gives us and our customers a full portfolio of features and services to meet and exceed market demands. We are committed to providing independent, reliable and safe charging solutions, agnostic of vehicle model or network affiliation. At Allego, we strive every day to make EV charging easier, more convenient and more enjoyable for all.

About Spartan Acquisition Corp. III

Spartan Acquisition Corp. III is a special purpose acquisition entity focused on the energy value-chain and was formed for the purpose of entering into a merger, amalgamation, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Spartan is sponsored by Spartan Acquisition Sponsor III LLC, which is owned by a private investment fund managed by an affiliate of Apollo Global Management, Inc. (NYSE: APO). For more information, please visit www.spartanspaciii.com.

Forward-Looking Statements.

All statements other than statements of historical facts contained in this press release (“Press Release”) are forward-looking statements. Forward-looking statements may generally be identified by the use of words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,”, “project,” “forecast,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” “target” or other similar expressions (or the negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity and market share. These statements are based on various assumptions, whether or not identified in this Press Release, and on the current expectations of Allego’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions, and such differences may be material. Many actual events and circumstances are beyond the control of Allego. These forward-looking statements are subject to a number of risks and uncertainties, including (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) risks related to the rollout of Allego’s business strategy and the timing of expected business milestones; (iii) risks related to the consummation of the proposed business combination with Spartan Acquisition Corp. III being delayed or not occurring at all; (iv) risks related to political and macroeconomic uncertainty; (v) the risk that the installation of the charging solutions at Nissan locations is delayed or does not occur at all; (vi) the risk that the benefits to Allego of the Nissan partnership are delayed, are less than anticipated or do not occur at all; and (vii) the impact of the global COVID-19 pandemic, including its impact on any of the foregoing risks. If any of these risks materialize or Allego’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Allego does not presently know or that Allego currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Allego’s expectations, plans or forecasts of future events and views as of the date of this Press Release. Allego anticipates that subsequent events and developments will cause Allego’s assessments to change. However, while Allego may elect to update these forward-looking statements at some point in the future, Allego specifically disclaims any obligation to do so, unless required by applicable law. These forward-looking statements should not be relied upon as representing Allego’s assessments as of any date subsequent to the date of this Press Release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220110005119/en/

For Allego

Investors

investors@allego.eu

Media

allegoPR@icrinc.com

For Spartan Acquisition Corp. III

Investors

info@spartanspacIII.com

Media

Communciations@apollo.com

Source: Allego Holding B.V.

FAQ

When is Allego presenting at the Needham Growth Conference?

Allego will present on January 13 at 12:30 PM ET.

What is the significance of the business combination with Spartan Acquisition Corp. III?

The combination will facilitate Allego's transition to a publicly traded company, enhancing its growth in the EV charging market.

How many charge points does Allego operate in Europe?

Allego operates over 26,000 charge points throughout Europe.

What is Spartan Acquisition Corp. III's stock symbol?

Spartan Acquisition Corp. III trades under the stock symbol SPAQ.

What type of company is Allego?

Allego is a leading pan-European electric vehicle charging network.