Electric vehicle outfit GoZero Group is one step closer to realising its dream of electrifying all 8000 of NSW’s buses.
Street Talk understands the group, the largest electric bus supplier to the NSW government, is edging towards a deal with global private capital juggernaut The Carlyle Group. Sources said the pair are working on terms for a $200 million-plus debt facility which would see Carlyle join its lending pool for the first time.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
