Global law firm Norton Rose Fulbright has advised Total on its acquisition of Blue Point London Ltd, London’s largest electric vehicle charge points network from the Bolloré Group.
With this transaction, Total takes over the management and operation of the Source London network – the largest electric vehicle charging citywide network – with over 1,600 recharging points installed in the streets of London.
In line with the City of London’s ambition to be a zero-carbon city by 2050, Source London - which currently represents more than half of the charge points in operation in the capital city - is aiming to increase tenfold the number of charge points within five years. Total is committed to supplying this network with electricity 100% guaranteed from renewable sources, which will be supplied by its subsidiary Total Gas & Power Limited.
With this acquisition in the UK, Total strengthens its position as a key player in electric mobility in Europe.
Marie-Joelle Lanista, Total’s M&A Legal Manager, in coordination with Norton Rose Fulbright’s Partner Arnaud Bélisaire, managed the legal aspects of the acquisition.
Arnaud Belisaire led Norton Rose Fulbright’s international team, consisting in which included Paris of counsel Amandine Delsaux; Thomas Chneiweiss and Ambre Ouint-Vanlaer (energy/corporate); Partner Marta Giner Asins and associate Michel Pflieger (competition); Partner Antoine Colonna d’Istria and Chloë Mockel (Tax). Other team members included Partner Christian Dargham and Caroline Saint Olive (compliance); Partner Nadège Martin, counsel Clément Monnet and associate Geoffroy Coulouvrat (IT/IP); Partner Laure Joncour, counsel Marie-Thérèse Eugenio and senior associate Elodie Grangier (employment).
The corporate team in London consisted of partner Stephen Rigby, senior associate Joshua Temkin, and Hannah Culshaw. Partner Andrew Hedges and Charles Winch (projects and regulatory); partner Catrina Smith and Aida Geragusian (employment); partner Matthew Hodkin and Giles Hambly (tax); partner Ian Giles and Jack Jeffries (antitrust); partner Mike Knapper and senior associate Choong Lai Lynn (IP); and Sarah Greenwood and Edward Malcom (compliance) also participated to the transaction.
For further information please contact:
Carole Guettier, Senior business development manager
Tel: +33 1 56 59 52 75;
Charles Billiard, Communication Executive
Tel: +33 1 56 59 52 96;