TotalEnergies is reportedly reviewing strategic options for its electric vehicle charging business in Germany and has begun approaching potential investors, according to media reports.
German outlet The Pioneer reported that the company is considering a possible sale of its charging portfolio, which is said to include around 190 charging parks. Only about one-third of these sites are currently operational, while the remaining projects are still under development.
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The portfolio reportedly also includes government subsidies worth several hundred million euros tied to charging sites yet to be built. Management consultancy Roland Berger has been tasked with approaching potential investors, according to the report.
TotalEnergies has not officially confirmed plans for a sale. However, The Pioneer cited company sources as saying that market soundings are underway, although no final decision has been taken. The charging business is said to have generated losses so far, with positive EBITDA expected by 2027.
A possible strategic adjustment had been hinted at previously by Chief Executive Patrick Pouyanné, who said in September 2025 that the company would align further investments in charging infrastructure with the pace of electric vehicle adoption.
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TotalEnergies entered Germany’s nationwide charging expansion programme, known as Deutschlandnetz, securing contracts for around 1,100 fast-charging points out of a planned total of 9,000. In 2023, the company won three regional lots covering 134 sites, as well as concessions for motorway charging locations.
Any potential buyer would likely need to assume the obligations tied to these contracts, including deadlines for construction and minimum operating periods for the charging parks.
The reported search for investors comes as other operators in Germany’s charging sector also consider asset sales. BayWa confirmed it plans to divest its charging infrastructure unit as part of a broader restructuring programme.
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In a statement to The Pioneer, the company said: “Yes, as part of the multi-year restructuring, BayWa is selling stakes and subsidiaries, including its electric charging station business.”
BayWa’s electric mobility operations are run through BayWa Mobility Solutions, which also secured a contract under the Deutschlandnetz programme covering 20 sites. In addition to these projects, the company operates charging points at several of its own petrol stations, primarily in rural areas of Germany.
