REG-TotalEnergies SE Spain: TotalEnergies Acquires 200 Fast and Ultra-fast Charging Sites From Wenea Branded Network

TotalEnergies SEAnnouncement

30/01/2024 10:45

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Spain: TotalEnergies Acquires 200 Fast and Ultra-fast Charging Sites From
Wenea Branded Network

TotalEnergies and Wenea aim at building together a Leading Player in Electric
Mobility

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Wenea announce today an
agreement in view of building a leading player in electric mobility in Spain
by developing a network of high-power charging hubs.

As a first step, TotalEnergies announces that it has acquired Nordian CPO, a
subsidiary of Wenea group, which owns 200 charging sites from Wenea's branded
network. These 200 sites, supplied entirely with renewable electricity, are
located along major highways and in urban and peri-urban areas in all 17
regions of Spain.

Moreover, TotalEnergies and Wenea are pursuing their discussion to establish a
strategic partnership in view of pooling their expertise and skills in
infrastructure, power distribution and mobility to build and invest together
in high-power charging hubs.

"We are pleased to acquire this nationwide network of fast and ultra-fast
charging points and are willing to build a solid partnership with Wenea, a
pioneer in EV charging in Spain. Spain has Europe's fifth largest automobile
fleet, and the proportion of electric vehicles is expanding rapidly. For
TotalEnergies, this is a great opportunity to extend our network in Europe and
stake out a position as a benchmark high-power charging player in Spain. This
announcement also confirms the Company's commitment to the energy transition
in the country, where TotalEnergies has a business portfolio of more than two
million contracts of gas, electricity and related services and is developing
numerous solar projects, for a total production capacity of over 3 GW," said
Mathieu Soulas, Senior Vice President New Mobilities and Marketing at
TotalEnergies.

"This is a leadership race to serve millions of customers country by country.
This new agreement between Wenea and TotalEnergies, a major global
multi-energy company, will represent a winning proposition. We are proud to
partner with TotalEnergies to deploy the leading high-power charge point
network. Our innovation, Digital strategy, customer focus and leadership in
charging services, make Wenea a unique player in the EV market,” said José
Manuel Zorrilla, President of Wenea.

TotalEnergies, A Major Player in Electric Mobility in Europe

This partnership in Spain is aligned with the TotalEnergies’ ambition to
deploy and operate more than 1,000 high-power charging sites for electric
vehicles in Europe by 2028.

After winning one of the three public roadside charging concessions in Madrid
in May 2023, TotalEnergies is expanding rapidly in electric mobility in Spain.
This announcement also comes a few weeks after a tender win in Germany to
install more than 1,100 high-power charge points.

Wenea, leader in high power charging services in Spain

Wenea is the leader Spanish independent player in electric vehicle charging
services currently operating more than 1,200 charge points. During 2023, Wenea
has outperformed its network deployment targets with more than 100 high power
charging hubs in priority highways, urban and peri-urban areas, including
being awarded the largest public tender to date in Spain (Sevilla) and more
than 5 of the main tenders in the UK.

Wenea also leads EV private charging solutions such as large-scale parking
operators, retailers, and hotel chains, B2B charging services and EV platform
services over a large portfolio of partners within the Spanish fleet
ecosystem.

Wenea strengthens its financial capacity and ensures the fulfillment of its
strategic plan by 2026, with the goal of deploying more than 5,000 charging
points in Spain and the United Kingdom already in their portfolio, being 2,000
of them located in high power charging hubs, comprising one of the biggest
high power charging portfolios in Europe.

Wenea has developed a leading EV Digital Platform, to attend the needs of
customers, developing services and connecting its own charging infrastructure
with other Charging Points Operators. Wenea Platform is in continuous
evolution to attend millions of customers in many countries, offering a wide
range of services over the EV charging experience. In a significant milestone,
Wenea has successfully completed this transaction with the financial advisory
support of Bank of America.

***

About TotalEnergies and electric mobility


 * TotalEnergies is present throughout the entire value chain of electric
mobility, from the production of renewable electricity to the operation of the
charging service.

 * With more than 53,000 charging points operated worldwide in 2023,
TotalEnergies significantly invests in charging infrastructures to promote the
deployment of electric mobility on a large scale.

 * To enable fast charging on highways and major roads, TotalEnergies has already
deployed 300 high-power charging sites and aims to reach 1,000 charging sites
in Europe by 2028.

 * TotalEnergies supports its professional clients in their transition to
electric mobility by offering them services for the deployment and supervision
of charging stations, both at the workplace and at the homes of their
employees.

 * In major agglomerations, TotalEnergies is also developing its network with
more than 30,000 charging points in Paris, London, Brussels, Ghent, Antwerp,
Flanders, Amsterdam and its region, Berlin, Singapore, and Madrid.

 * Finally, TotalEnergies offers home charging solutions for individuals,
including an energy supply contract and connected charging services.

About TotalEnergies in Spain

TotalEnergies has 1,700 employees in Spain. It is the fourth provider of
electricity and gas to homes and SMEs in the country and has a business
portfolio of more than two million contracts of gas, electricity, and related
services. Apart from its leadership in the lubricants and motor products
market, it continues to grow in the energy business segment and in electric
mobility solutions, solar self-supply, and energy efficiency. The multi-energy
company has a solar portfolio of more than 4 GW in development, of which 3 GW
have granted environmental permits already. The estimated gross renewable
production of electricity in Spain by 2025 is 4,5 TWh. The Company generated
more than 4 TWh of flexible power in 2022 by CCTG Castejón and aims to
produce with it 10 TWh between 2023 and 2025 to support the energy transition.

In offshore wind, TotalEnergies aims to contribute to Spain’s Offshore Wind
objective by developing a solid commercial project portfolio. The Company is
also exploring the biogas market segment as well as battery development
possibilities in Spain.

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets
energies: oil and biofuels, natural gas and green gases, renewables and
electricity. Our more than 100,000 employees are committed to energy that is
ever more affordable, more sustainable, more reliable and accessible to as
many people as possible. Active in nearly 130 countries, TotalEnergies puts
sustainable development in all its dimensions at the heart of its projects and
operations to contribute to the well-being of people.

@TotalEnergies
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About Wenea

Wenea, a 100% Diggia Group company is the leading independent electric vehicle
charging operator in Spain, offering charging and energy management services
for all its clients, including businesses, private users and public entities.
Its purpose is to drive the transition to sustainable mobility through the
deployment of the largest charging network in the country, accessible through
its platform. Currently, Wenea has over 1,000 charging points in Spain and the
United Kingdom, with a goal to deploy 5,000 charging points by 2026, ensuring
the best coverage for its customers.

About Diggia Group

Diggia is a sustainable innovation group focused on providing solutions on
sustainability for citizens and governments that come from research and
development on electric vehicles, renewables and energy efficiency. Diggia
Group has a track record of +20 years on sustainable innovation with
operations in more than 15 countries. This allowed Diggia to pioneer the EV
Spanish market in 2016 with the creation of the brand Wenea.

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TotalEnergies Contacts

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR

Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com)

Wenea Contacts

Media Relations: +34 646 300 052 l marketing@wenea.com 
(mailto:marketing@wenea.com) 
Investor Relations: +34 678 261 855 | jaime.martinez@diggia.com
(mailto:jaime.martinez@diggia.com)

Cautionary Note

The terms “TotalEnergies”, “TotalEnergies company” or “Company” in
this document are used to designate TotalEnergies SE and the consolidated
entities that are directly or indirectly controlled by TotalEnergies SE.
Likewise, the words “we”, “us” and “our” may also be used to refer
to these entities or to their employees. The entities in which TotalEnergies
SE directly or indirectly owns a shareholding are separate legal entities.
TotalEnergies SE has no liability for the acts or omissions of these entities.
This document may contain forward-looking information and statements that are
based on a number of economic data and assumptions made in a given economic,
competitive and regulatory environment. They may prove to be inaccurate in the
future and are subject to a number of risk factors. Neither TotalEnergies SE
nor any of its subsidiaries assumes any obligation to update publicly any
forward-looking information or statement, objectives or trends contained in
this document whether as a result of new information, future events or
otherwise. Information concerning risk factors, that may affect
TotalEnergies’ financial results or activities is provided in the most
recent Registration Document, the French-language version of which is filed by
TotalEnergies SE with the French securities regulator Autorité des Marchés
Financiers (AMF), and in the Form 20-F filed with the United States Securities
and Exchange Commission (SEC).



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