Two Giants Join Forces to Electrify Benelux Cities

A joint platform will fund public EV charging points across Belgium and the Netherlands, powered entirely by renewable electricity

28 Apr 2026

TotalEnergies and Tikehau Capital announced a 50/50 joint investment platform in February to expand public electric vehicle charging infrastructure in Belgium and the Netherlands, pooling capital to bid jointly for municipal contracts as cities step up electrification commitments.

The deal builds on TotalEnergies' existing network of more than 9,500 charge points in Belgium, where it holds a leading market position, and over 18,000 in the Netherlands.

Every charge point deployed under the platform will draw exclusively from certified renewable electricity, placing the venture at the intersection of fleet electrification, clean energy procurement, and urban transport policy.

Tikehau Capital, which manages around 51 billion euros in assets globally, brings institutional financing capacity that charging operators have long required to sustain rollouts at scale.

For fleet operators in and around Belgian and Dutch urban centres, a well-funded, renewables-backed network addresses two persistent barriers to electrification: unpredictable coverage and uncertain energy sourcing. The Benelux region already ranks among Europe's most developed EV markets.

The platform is expected to move beyond expanding existing concessions toward competing for new municipal contracts. How the model performs in these markets may shape how large fleet-serving charging networks are financed elsewhere on the continent.