TotalEnergies and Tikehau Capital Charge Up Benelux

Two energy giants launch a 50/50 platform to expand public EV charging across Belgium and the Netherlands

23 Mar 2026

TotalEnergies and Tikehau Capital have teamed up to accelerate public EV charging across Belgium and the Netherlands, a deal that reflects growing institutional appetite for electric mobility infrastructure in two of Europe's most EV-mature markets.

The companies announced their 50/50 joint investment platform on February 4, 2026, targeting urban public charging networks in both countries. The structure is notable: rather than a conventional funding round, the partners created a shared investment vehicle to pool capital, split costs, and bid jointly on municipal tender contracts. Every charger built under the platform will run on certified renewable energy, a requirement that is fast becoming standard for public concessions across the EU.

Tikehau Capital, which manages roughly €51.1 billion in assets globally, brings the institutional firepower that charging operators have long needed to scale. For TotalEnergies, the arrangement reinforces its existing dominance in the region. It already operates more than 9,500 charge points in Belgium and more than 18,000 in the Netherlands, and the shared-cost model eases the balance sheet pressure of continuous infrastructure expansion.

The Benelux region is among Europe's most competitive EV charging markets. Above-average adoption rates, proactive city governments, and well-developed electricity grids make Belgium and the Netherlands natural targets for infrastructure capital. As the EU presses toward its 2035 zero-emissions target for new cars, demand for urban charging capacity in both countries is set to climb sharply.

No specific investment total was disclosed. The platform is designed to expand as new concession rounds emerge, reflecting a broader shift in European charging finance away from purely operator-funded models toward co-investment structures. With institutional capital now anchoring Benelux's urban rollout, two of Europe's leading EV markets look positioned for faster, more consistent network growth ahead.