Announced
Financials
Sources
Tags
Single Bidder
Acquisition
Friendly
Auto Services
Completed
Australia
electric vehicle charging
Private Equity
Cross Border
Minority
Private
Synopsis
Investment firm BlackRock completed the investment in Jolt Charge, an Australian electric vehicle charging provider. Financial terms were not disclosed. "The EV charging industry in APAC has tremendous near- and long-term growth potential, which creates exciting investment opportunities for BlackRock’s clients. We believe the electrification of transport plays a pivotal role in advancing Australia’s energy transition and we look forward to harnessing this through our investment in Jolt," Charlie Reid, BlackRock Managing Director.
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