TotalEnergies and BayWa put German charging businesses up for sale
By Eve
TotalEnergies is reportedly sounding out buyers for its German charging business, which includes around 190 charging parks with only one third currently operational, plus state subsidies worth several hundred million euros for unbuilt sites, according to The Pioneer. Separately, BayWa has confirmed it will divest its charging infrastructure arm as part of a restructuring programme. Roland Berger is handling the TotalEnergies process, with the business currently loss making and targeting positive EBITDA by 2027.
Why it matters: The sale offers potential acquirers access to a substantial pipeline of subsidised German charging sites and operational assets, though buyers will need to absorb near term losses. The dual divestment signals consolidation pressure in the German market as operators reassess capital allocation in the infrastructure build out phase.