Subscribe today - find out more
Why you should consider BusinessDesk
Energy

Swiss cash speeds ChargeNet's fast charger rollout

Ian Llewellyn
Fri, 03 Sep 2021

Upgrading EV fast chargers is key to ChargeNet's expansion plans. (Image: Deposit Photos)
Ian Llewellyn
Fri, 03 Sep 2021
ChargeNet’s capital raising from a Swiss-based company will allow for an estimated $18 million spend on new and upgraded electric vehicle charging stations, while not forcing it to choose sides in New Zealand.The family-owned company's sale of 20% of its shares to Mercuria for an undisclosed sum was all about infrastructure investment, said chief executive Steve West.The company currently runs a network of 270 50kW charging stations.West said when these were set up, they were able to charge the average EV in 20 minutes. Now EVs had bi...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Property
Arvida's $345m purchase a sharp deal with development opportunities
Jenny Ruth | Tue, 19 Oct 2021

Arvida is raising more capital than it needed to complete the Arena transaction.

Coronavirus
Auckland to stay in level 3 lockdown until Nov 1
Ian Llewellyn | Mon, 18 Oct 2021

PM Ardern says it is hard but Auckland must remain in alert level 3 until vaccination rates get up.

Technology FREE
Partner Content: The pros and cons of going solo on security
Spark | Mon, 18 Oct 2021

Cybersecurity is not an option, but how your business finds the right tools for the job is.

Sponsored
Let's not lose sight of the wood for the trees

As much generation will need to be built in the next 14 years as has been built in the last 40+ years for Aotearoa to meet its commitment of achieving net zero emissions by 2050.

Sponsored
Getting the health and safety of remote workers right

With many staff working alone or in isolated situations, workplace health and safety is an operational priority. Here is how your business can protect remote workers.