France’s Total buys Bollore’s electric charging network in London

The Total logo on the Total Plaza building, the U.S. headquarters of French oil and gas company Total SA in Houston
The Total logo on the Total Plaza building, the U.S. headquarters of French oil and gas company Total SA in Houston, Texas, U.S. September 27, 2020. Picture taken September 27, 2020. REUTERS/Gary McWilliams

September 29, 2020

PARIS (Reuters) – French oil giant Total <TOTF.PA> said on Tuesday it has agreed to buy London’s largest electric vehicle charging network from French group Bollore <BOLL.PA>.

Total said that under the deal, it would take over management and operation of the network of more than 1,600 on-street charge points.

Total expects the transaction to be closed by the end of the year.

(Reporting by Matthieu Protard, editing by Louise Heavens)