By Giulia Petroni 
 

TotalEnergies SE said Wednesday that it signed an agreement with Bollore Group to acquire an electric-vehicle charge points network in Singapore.

The French oil-and-gas company said it will manage and operate more than 1,500 charge points installed in the city-state, upon the approval of relevant authorities.

The network, which is called "Blue Charge," represents around 85% of the charge points currently in operation in Singapore.

Financial details of the deal weren't disclosed.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

July 28, 2021 03:03 ET (07:03 GMT)

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