Genesis Energy keen on a ChargeNet stake

One of the 10 new EV chargers in Tauranga. (Image: ChargeNet)

Wed, 25 Sep 2024

Genesis Energy has entered into a period of exclusivity with ChargeNet, a privately owned nationwide network of charging points for electric vehicles. During this period, the companies expect to conclude terms for a strategic partnership, including an equity interest in ChargeNet.In April, the Australian Financial Review reported that ChargeNet had retained PwC to manage a $30m equity raise, but no further details were provided. ChargeNet has more than 400 fast charging points across New Zealand. It recently opened a hu...

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