Energy giant TotalEnergies has agreed to acquire the largest electric vehicle charging network in Singapore from fellow French conglomerate Bolloré Group. Blue Charge has more than 1,500 charge points, or 85% of the total, across the city state.

Financial details of the transaction were not disclosed. The deal is subject to approval by relevant authorities.

“This urban charging network is a key initiative for TotalEnergies in Asia-Pacific, a region where the development of electric mobility is a major challenge, deeply linked to the energy transition,” says Alexis Vovk, president of marketing and services at TotalEnergies. “We will do our intended best to make it a showcase of our expertise in this field.”

TotalEnergies is also operating EV charging stations in other global cities such as Paris, Amsterdam, London and Brussels.

The Blue Charge network has been developed with the Land Transport Authority of Singapore and other partners from both public and private sectors. Under its Green Plan 2030, Singapore has set a target to establish 60,000 charge points by the end of the decade.

With the acquisition, TotalEnergies plans to use Singapore as a launchpad to forge key partnerships and accelerate developments across the region, says Ting Wee Liang, president of Asia-Pacific & the Middle East, marketing and services.