Changing the name, installing charging stations, investing in renewable energy sources… TotalEnergies has already started its energy transition for several years, even if it is obviously not yet very “visible” to most motorists, except perhaps those who drive an electric car .

And to continue his transformation, TotalEnergies has just announced the sale of its entire service station network in Germany and the Netherlandsi.e. approximately 1,600 institutions (1,198 in Germany and 392 in the Netherlands).

🇪🇺 Service station in Europe⛽️: TotalEnergies cooperates with @CoucheTardQcthe Canadian leader in convenience stores, in Belgium and Luxembourg and sells it its chains in Germany and the Netherlands https://t.co/H74DfCIjyw

— TotalEnergies Press (@TotalEnergiesPR) March 16, 2023

The operation is invisible to the client

These service stations are sold to Couche-Tard, a Canadian company that specializes in “department stores,” a Canadian term for small grocery stores that are open late at night, early in the morning, and almost every day of the year. Couche-Tard was also talked about in France about two years ago regarding the takeover of the Carrefour distribution group.

TotalEnergies and Couche-Tard also want to establish a joint venture in Belgium and Luxembourg for around 619 additional plants.

Overall, customers will see nothing but fire, as the service stations will remain “branded” TotalEnergies and for the supply of fuel by the French group during the announced period of at least five years. TotalEnergies, however, will retain nearby charging stations, hydrogen distribution and fuel wholesale.

TotalEnergies will deploy more charging stations

For TotalEnergies, this transaction is part of its strategy to transform into a multi-energy company and its ambition to achieve carbon neutrality by 2050.

The French firm has set itself the goal of reducing the sale of petroleum products by 30% by 2030, so as not to sell or process more fuel than it produces. Since 2015, TotalEnergies has sold its networks of service stations in Italy, Switzerland and Great Britain.

This strategy also encourages TotalEnergies to aggressively develop new forms of mobility. As for electricity, with the acceleration of the plan to deploy electric charging stations on main roads and in major European cities. In total 150,000 charging points planned until 2025.