8 September 20213 minute read

DLA Piper advises on investment in Jolt Charge

Global law firm DLA Piper has advised BlackRock Real Assets on its investment in innovative Australian electric vehicle charging company, JOLT Charge. This is BlackRock Real Assets’ first investment in the EV charging infrastructure sector in Asia-Pacific and will provide JOLT with the required capital to accelerate its roll out of EV charging stations across Australia.

The DLA Piper team was led by corporate partner Chris Mitchell, supported by partners Fleur Gibbons and Tim Lyons; special counsel Dylan Burke; senior associates Chanel Mercurio and Sarah Birkett; and solicitor Tara Alexander. 

Chris Mitchell said “DLA Piper was proud to assist BlackRock Real Assets on its first investment into EV charging infrastructure in Asia-Pacific and congratulate the team on their commitment to accelerating the rollout of this infrastructure across Australia. We look forward to seeing JOLT expand its network of charging stations which will play a critical role in assisting Australia’s transition from traditional combustion engine vehicles to EVs and supporting our continued push towards net zero emissions.” 

2021 has driven significant interest from both local and foreign investors in deploying capital in clean and renewable energy infrastructure and assets across Australia. Chris Mitchell continues to advises a range of clients on their investment and acquisition initiatives in the clean and renewable energy sectors, including Banpu Energy Australia’s first renewable power investment in Australia.