Garrigues and Toda&Nel-lo advise on the acquisition of Wenea´s 200 charging points

Garrigues and Toda & Nel-lo have advised on the acquisition of Wenea´s 200 charging points by TotalEnergies.

TotalEnergies and Wenea have announced an agreement with a view to building a leading player in electric mobility in Spain by developing a network of high-powered charging stations.

As a first step, TotalEnergies announces that it has acquired Nordian CPO, a subsidiary of the Wenea group, which owns 200 recharging sites in the Wenea 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. In addition, TotalEnergies and Wenea are continuing their discussions to establish a strategic partnership with a view to pooling their know-how and skills in infrastructure, energy distribution and mobility to build and invest together in high-power charging stations.

Garrigues has advised the buyer, TotalEnergies, with a team led by partner Álvaro Valle.

Toda & Nel-lo has advised Wenea; with a team formed by José María Buxeda (M&A partner).