TotalEnergies and Tikehau Capital have established a 50/50 joint investment platform to accelerate the roll-out of urban public charging infrastructure in Belgium and the Netherlands. The newly formed vehicle will leverage TotalEnergies’ engineering, development and operational expertise to deploy charging stations powered entirely by certified renewable energy, while Tikehau Capital provides dedicated investment capacity and risk-sharing support. The platform will focus on advancing projects currently under construction or already in service in major cities such as Brussels, Antwerp, Amsterdam and Rotterdam, and will participate in upcoming municipal tenders to expand charging networks in additional urban centers.

TotalEnergies is the leading public charging operator in Belgium, with over 9,500 charge points in operation, and ranks among the top providers in the Netherlands with 18,000 charge points across the country. The company’s existing footprint includes a mix of fast-charging hubs and standard urban chargers located in public parking facilities, transport interchanges and municipal street-side parking. Under the joint platform, TotalEnergies plans to increase its combined Benelux network by at least 25% over the next three years, bringing the total charge point count to more than 35,000 by 2026.

The partnership is designed to support municipal authorities in meeting national climate objectives by facilitating the transition to electric mobility in densely populated areas. TotalEnergies and Tikehau Capital will launch the first wave of new installations in Q3 2024, targeting high-demand districts where EV adoption rates exceed 15%. The joint platform will also explore value-added services such as smart-charging apps, dynamic grid management and membership programs to optimize station utilization and revenue. TotalEnergies will report further progress on these initiatives and full fourth-quarter results on February 11, providing an update on capital deployment and network expansion milestones.