TotalEnergies and Wenea aim at building together a Leading Player in Electric Mobility
Paris and Madrid, January 30, 2024 – TotalEnergies and Wenea announce today an agreement in view of building a leading player in electric mobility in Spain by developing a network of high-power charging hubs.
As a first step, TotalEnergies announces that it has acquired Nordian CPO, a subsidiary of Wenea group, which owns 200 charging sites from Wenea’s branded network. 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.
Moreover, TotalEnergies and Wenea are pursuing their discussion to establish a strategic partnership in view of pooling their expertise and skills in infrastructure, power distribution and mobility to build and invest together in high-power charging hubs.
“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, a pioneer in EV charging in Spain. Spain has Europe’s fifth largest automobile fleet, and the proportion of electric vehicles is expanding rapidly. For TotalEnergies, this is a great opportunity to extend our network in Europe and stake out a position as a benchmark high-power charging player in Spain. 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 of gas, electricity and related services and is developing numerous solar projects, for a total production capacity of over 3 GW,” said Mathieu Soulas, Senior Vice President New Mobilities and Marketing at TotalEnergies.
“This is a leadership race to serve millions of customers country by country. This new agreement between Wenea and TotalEnergies, a major global multi-energy company, will represent a winning proposition. We are proud to partner with TotalEnergies to deploy the leading high-power charge point network. Our innovation, Digital strategy, customer focus and leadership in charging services, make Wenea a unique player in the EV market,” said José Manuel Zorrilla, President of Wenea.
TotalEnergies, A Major Player in Electric Mobility in Europe
This partnership in Spain is aligned with the TotalEnergies’ ambition to deploy and operate more than 1,000 high-power charging sites for electric vehicles in Europe by 2028.
After winning one of the three public roadside charging concessions in Madrid in May 2023, TotalEnergies is expanding rapidly in electric mobility in Spain. This announcement also comes a few weeks after a tender win in Germany to install more than 1,100 high-power charge points.
Wenea, leader in high power charging services in Spain
Wenea is the leader Spanish independent player in electric vehicle charging services currently operating more than 1,200 charge points. During 2023, Wenea has outperformed its network deployment targets with more than 100 high power charging hubs in priority highways, urban and peri-urban areas, including being awarded the largest public tender to date in Spain (Sevilla) and more than 5 of the main tenders in the UK.
Wenea also leads EV private charging solutions such as large-scale parking operators, retailers, and hotel chains, B2B charging services and EV platform services over a large portfolio of partners within the Spanish fleet ecosystem.
Wenea strengthens its financial capacity and ensures the fulfillment of its strategic plan by 2026, with the goal of deploying more than 5,000 charging points in Spain and the United Kingdom already in their portfolio, being 2,000 of them located in high power charging hubs, comprising one of the biggest high power charging portfolios in Europe.
Wenea has developed a leading EV Digital Platform, to attend the needs of customers, developing services and connecting its own charging infrastructure with other Charging Points Operators. Wenea Platform is in continuous evolution to attend millions of customers in many countries, offering a wide range of services over the EV charging experience. In a significant milestone, Wenea has successfully completed this transaction with the financial advisory support of Bank of America.