Energy company TotalEnergies and Wenea have entered into an agreement to create a prominent player in electric mobility in Spain by developing a network of high-power charging hubs. As part of the initial phase, TotalEnergies has acquired Nordian CPO, a subsidiary of the Wenea group, which owns 200 charging sites distributed across major highways and urban areas throughout all 17 regions of Spain.
These 200 sites, powered entirely by renewable electricity, mark a strategic move by TotalEnergies to extend its network in Europe and establish a strong presence as a leading high-power charging provider in Spain. The companies are also in ongoing discussions to form a strategic partnership, leveraging their expertise in infrastructure, power distribution, and mobility to jointly invest in high-power charging hubs.
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Mathieu Soulas, Senior Vice President New Mobilities and Marketing at TotalEnergies, expressed enthusiasm about the acquisition and the potential partnership, citing Spain’s growing electric vehicle market as a significant opportunity. The move aligns with TotalEnergies’ broader ambition to deploy and operate over 1,000 high-power charging sites for electric vehicles in Europe by 2028.
José Manuel Zorrilla, President of Wenea, emphasized the collaboration’s potential to create a winning proposition in the electric vehicle market, considering Wenea’s leadership in charging services and TotalEnergies’ global multi-energy presence.
TotalEnergies’ expansion into electric mobility in Spain has been notable, including winning a public roadside charging concession in Madrid in May 2023 and a recent tender win in Germany for more than 1,100 high-power charge points.
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Wenea, as a leading independent player in electric vehicle charging services in Spain, has exceeded its network deployment targets, operating over 1,200 charge points. The company aims to deploy more than 5,000 charging points in Spain and the United Kingdom by 2026, with a substantial portion dedicated to high-power charging hubs.
The collaboration also underscores Wenea’s financial strengthening and strategic fulfillment, supported by Bank of America’s financial advisory services. The companies are set to contribute to the evolving landscape of electric mobility, offering a wide range of services and infrastructure to millions of customers.
