The dealmakers at buyout firm Pacific Equity Partners and their counterparts at North American juggernaut Brookfield agree electric vehicle charging infrastructure is the next big thing. And they’re riding shotgun with the $3 billion smart-metres business Intellihub to play the thematic.
Street Talk reveal EVSE, Australia’s second-largest residential and commercial EV charger installer that is majority owned by Intellihub, has agreed terms to acquire French energy giant Engie’s EV fast-charging business in Australia and New Zealand which spans about 200 chargers. The purchase cements EVSE’s position among top-three public EV charging providers in Australia.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.