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Brisbane’s EVOS Energy, a start-up that manufactures chargers for electric vehicles, is ready for a spin on the dealmaking circuit.

Street Talk can reveal the five-year-old company has mandated Azure Capital, after fielding inbound interest from a handful of parties amid an expansion into the Asian market.

Sources said EVOS co-founders Chris Crossman, Seshan Weeratunga and Marcelo Salgado are seeking an equity investor, and are willing to part with up to 100 per cent of the business.
Fuel giant Ampol owns preferred shares in the business, after signing up as a national distributor for EVOS chargers in 2023.

The deal comes as several homegrown EV charging businesses have paired off with deep-pocketed financial backers over the past two years. Melbourne’s Jet Charge scored a $72 million equity investment from Natixis’s Mirova in December after calling in UBS to run a capital partner search.

Earlier this week, BlackRock-backed JOLT Charge secured a $C194 million ($214 million) loan from the Canada Infrastructure Bank. It was advised by RBC Capital Markets.

Read the full story tomorrow and more on the Street Talk page.

Peabody’s bankers at MA Moelis started reaching out to Asian steelmakers, traders and offtakers about two weeks ago, soliciting bids for a minority interest in the 4.3 million-tonnes-a-year Centurion Mine joint venture that went into production last year after a redevelopment.

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