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

Reuters

Published Sep 29, 2020 02:53AM ET

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

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.