Project Esteban
Total | UK and France
Project description
Acquisition of ‘Blue Point London’ from the Bolloré Group. With this transaction, Total took over the management and operation of Source London, the largest electric vehicle charging network citywide, which includes more than 1,600 on-street charge points.
Scope of work:
To advise on the employment law aspects of the transaction which included advising on the separation issues arsing from Blue Point leaving the Bollore Group
What makes the project unique
Launched in 2010, the current Source London network has been developed in cooperation with the London Boroughs and currently represents more than half of the charge points in operation in the capital city. Source London growth perspectives are supported by the City of London’s ambition to be a zero carbon city by 2050, notably with the aim of increasing tenfold the number of charge points within five years. Total is also committed to powering this charging network with electricity 100% guaranteed from renewable sources, to be supplied by its subsidiary Total Gas & Power Limited.
Meet the Team
The team was led by our London office.