Street Talk

French giant sells local EV charging biz to PEP, Brookfield’s Intellihub

Sarah Thompson, Kanika Sood and Emma Rapaport

Updated Apr 6, 2025 – 5.47pm, first published at 5.23pm

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The deal makers at buyout firm Pacific Equity Partners and their counterparts at North American juggernaut Brookfield agree that electric vehicle charging infrastructure is the next big thing. And they’re riding shotgun with the $3 billion smart-metres business Intellihub to play the thematic.

Street Talk can reveal EVSE, Australia’s second-largest residential and commercial EV charger installer that is majority owned by Intellihub, has agreed terms to acquire French energy giant Engie’s EV fast-charging business in Australia and New Zealand, which spans about 200 chargers. The purchase cements EVSE’s position among the top three public EV charging providers in Australia.

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.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.