French energy giant TotalEnergies on Tuesday acquired the subsidiary of the leading Spanish EV charging services provider Wenea in a ‘strategic partnership’ to develop a network of high-power charging hubs in Spain.
In a statement, TotalEnergies said that it acquired Nordian CPO, a subsidiary of Wenea Group, which owns 200 charging sites from Wenea’s branded network.
TotalEnergies and Wenea want to ‘establish a strategic partnership’ to develop a network of high-power charging hubs in Spain.
Wenea currently operates more than 1,200 charge points, according to the statement.
“These 200 sites, supplied entirely with renewable electricity, are located along major highways and in urban and peri-urban areas in all 17 regions of Spain,” it added.
The deal is part of TotalEnergies’ plan to build and run over 1,000 high-power charging stations for electric cars throughout Europe by 2028. It comes after a tender win in Germany to install more than 1,100 high-power charge points.
Commenting on the deal, Mathieu Soulas, a senior vice president of new mobility and marketing at TotalEnergies, said: “We are pleased to acquire this nationwide network of fast and ultra-fast charging points and are willing to build a solid partnership with Wenea.’
Noting that Spain has Europe’s fifth largest automobile fleet and that the proportion of electric vehicles is growing rapidly, Soulas said: “This announcement also confirms the company’s commitment to the energy transition in the country, where TotalEnergies has a business portfolio of more than two million contracts for gas, electricity and related services and is developing numerous solar projects, for a total production capacity of over 3 GW.’
