In an effort to accelerate the deployment of electric vehicle charging infrastructure in the Benelux countries, TotalEnergies and Tikehau Capital announced the creation of a joint investment platform on Wednesday. This collaboration targets urban public areas in Belgium and the Netherlands, with the objective of supporting municipalities as they transition to electric mobility.
Through this joint initiative, both companies will work to develop, operate, and maintain publicly accessible EV charging stations, with a focus on those running on entirely certified renewable energy sources. This platform is designed to facilitate ongoing projects and participate in new tender opportunities dedicated to expanding the urban EV charging landscape within these two countries.
TotalEnergies will bring to the partnership its extensive expertise in managing EV charging infrastructure, ensuring high standards in deployment and maintenance. Meanwhile, Tikehau Capital will provide vital investment capital and share the associated risks, thereby fortifying the financial foundation of the venture and enabling a robust, scalable business model for electric mobility.
Currently, TotalEnergies is a leading player in the market, operating in excess of 9,500 charging points across Belgium and approximately 18,000 in the Netherlands. This positions the company at the forefront of EV public charging services throughout the Benelux region.
Emmanuel Laillier, Chief Investment Officer of Private Equity at Tikehau Capital, underlined the strategic alignment of the partnership with broader energy transition goals: "Partnering with TotalEnergies to develop the public charging networks in Belgium and the Netherlands fully reflects our policy of investing in infrastructure that drives the energy transition forward. The joint platform will facilitate access to efficient, sustainable charging solutions, helping take carbon out of the transport sector."
The joint platform not only consolidates existing assets and projects but also aims to capitalize on growing urban demand for accessible and efficient charging facilities, a necessity in catalyzing widespread EV adoption.
Beyond this partnership, TotalEnergies has been active on multiple fronts. Earlier this year, it signed a Memorandum of Understanding with Kuwait Oil Company to boost collaboration, exchange expertise, and conduct technical studies. Additionally, the company recently assumed operatorship of Petroleum Exploration License 83 in Namibia's Orange Basin after partnering with Galp, signaling ongoing diversification and expansion in its portfolio.
Moreover, TotalEnergies announced the full resumption of activities related to the Mozambique LNG project, now 40% complete. The first LNG deliveries are projected for 2029, building upon extensive engineering and equipment procurement completed during prior interruptions.
Investors will have the opportunity to assess TotalEnergies' recent progress when the company releases its fourth-quarter earnings on February 11.
As of the latest premarket check on the announcement day, TotalEnergies shares experienced a slight dip, trading down by 0.55% to $73.91.
This collaboration in the EV charging sector illustrates the dynamic nature of infrastructure investments aligned with energy transition objectives and signals growing confidence in the demand for urban-scale electric mobility solutions.
Through this joint initiative, both companies will work to develop, operate, and maintain publicly accessible EV charging stations, with a focus on those running on entirely certified renewable energy sources. This platform is designed to facilitate ongoing projects and participate in new tender opportunities dedicated to expanding the urban EV charging landscape within these two countries.
TotalEnergies will bring to the partnership its extensive expertise in managing EV charging infrastructure, ensuring high standards in deployment and maintenance. Meanwhile, Tikehau Capital will provide vital investment capital and share the associated risks, thereby fortifying the financial foundation of the venture and enabling a robust, scalable business model for electric mobility.
Currently, TotalEnergies is a leading player in the market, operating in excess of 9,500 charging points across Belgium and approximately 18,000 in the Netherlands. This positions the company at the forefront of EV public charging services throughout the Benelux region.
Emmanuel Laillier, Chief Investment Officer of Private Equity at Tikehau Capital, underlined the strategic alignment of the partnership with broader energy transition goals: "Partnering with TotalEnergies to develop the public charging networks in Belgium and the Netherlands fully reflects our policy of investing in infrastructure that drives the energy transition forward. The joint platform will facilitate access to efficient, sustainable charging solutions, helping take carbon out of the transport sector."
The joint platform not only consolidates existing assets and projects but also aims to capitalize on growing urban demand for accessible and efficient charging facilities, a necessity in catalyzing widespread EV adoption.
Beyond this partnership, TotalEnergies has been active on multiple fronts. Earlier this year, it signed a Memorandum of Understanding with Kuwait Oil Company to boost collaboration, exchange expertise, and conduct technical studies. Additionally, the company recently assumed operatorship of Petroleum Exploration License 83 in Namibia's Orange Basin after partnering with Galp, signaling ongoing diversification and expansion in its portfolio.
Moreover, TotalEnergies announced the full resumption of activities related to the Mozambique LNG project, now 40% complete. The first LNG deliveries are projected for 2029, building upon extensive engineering and equipment procurement completed during prior interruptions.
Investors will have the opportunity to assess TotalEnergies' recent progress when the company releases its fourth-quarter earnings on February 11.
As of the latest premarket check on the announcement day, TotalEnergies shares experienced a slight dip, trading down by 0.55% to $73.91.
This collaboration in the EV charging sector illustrates the dynamic nature of infrastructure investments aligned with energy transition objectives and signals growing confidence in the demand for urban-scale electric mobility solutions.