JET Charge, an Australian supplier and installer of electric vehicle-charging infrastructure, has raised A$72 million ($45 million) to boost Australasia’s transition to electric vehicles (EVs).
The equity investment was led by Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, along with backing from existing JET Charge shareholders, which include the Clean Energy Finance Corp., RACV and Kilara Capital.
JET Charge has delivered more than 20,000 chargers and accessories. The company combines hardware and software tailored to market needs with on-the-ground operational expertise across both regional and metropolitan areas, enabling the company to mitigate risks for Australian businesses transitioning to EVs.
The capital raised will support Melbourne-based JET Charge as it steps up its mission of taking the Australasian region from EV-charging pilots to infrastructure at scale. The equity investment will propel JET Charge’s
