Cepsa, Endesa sign major project for electric mobility in Spain and Portugal

The agreement represents a giant step forward in both companies’ goal to drive the energy transition and decarbonize the transportation sector.

Cepsa and Endesa have signed a pioneering partnership to accelerate electric mobility in Spain and Portugal. Philippe Boisseau, CEO of Cepsa, and José Bogas, CEO of Endesa, closed the agreement today, together with Maarten Wetselaar, who is set to be the new CEO of Cepsa on January 1, 2022.

Cepsa and Endesa X, Endesa’s electric mobility business division, will work together to develop what will be the largest on-the-go ultra-fast recharging network in Spain and Portugal. This new ultra-fast recharging network to be deployed by Cepsa (150 kW points located on all corridors and main roads), will join Endesa X’s existing infrastructure, which currently includes 75 ultra-fast recharging points in 25 locations across Spain.

Cepsa and Endesa customers will be able to use both companies’ public chargers through their respective digital platforms (apps). This means Cepsa’s customers will be able to enjoy, through their own mobile app, the nearly 2,800 recharging points that Endesa X has already deployed across cities and motorways.

“This partnership is a significant step not only for both companies, but also an important milestone for the energy transition in Spain and Portugal. For the first time, efforts are being joined in a decisive and cross-cutting manner to make possible the decarbonization of transport in-line with the 2030 Agenda and the Sustainable Development Goals. It is an honor to be able to do this with a company like Endesa,” said Philippe Boisseau, CEO of Cepsa.

All Cepsa stations will be equipped with solar panels by 2023, becoming the first complete network of service stations to generate renewable energy in Europe.