Totalenergies acquires Wenea subsidiary with 200 charging sites

Paris, France – 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.

“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.”