TotalEnergies and Banque des Territoires have announced the creation of a new investment platform to accelerate the rollout of electric vehicle (EV) charging infrastructure across France.
The initiative will focus on supporting municipalities and local authorities in developing and expanding public charging networks.
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Under the agreement, TotalEnergies will hold a 51% stake in the platform, while Banque des Territoires will own the remaining 49%. The partners said the platform will build upon existing charging concessions already developed by TotalEnergies in major French cities and extend to new regional projects based on local needs.
TotalEnergies, which operates around 30,000 charging points nationwide—including 4,500 in public concessions—said it would use its operational expertise to expand and maintain the public network. “We are delighted to be partnering with Banque des Territoires to strengthen the territorial network and diversify the locations of charging infrastructure for electric vehicles,” said Mathieu Soulas, Director of New Mobility at TotalEnergies.
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Banque des Territoires, active in electromobility financing since 2022, has invested over €500 million in equity and quasi-equity in the sector. The institution will leverage its experience in public project financing to help accelerate the initiative. “With TotalEnergies, we are making low-carbon mobility, a powerful lever for social cohesion and ecological change, accessible to as many people as possible and in all regions,” said François Wohrer, Investment Director at Banque des Territoires.
