Repsol invests €42M to install 610 chargers in Spain and Portugal
This investment is part of Repsol's goal of reaching 1,000 public recharging points by the end of 2022.
Repsol will invest €42.5 million in the installation of 610 electric recharging points at its service stations in Spain and Portugal. This project is part of the multi-energy company's goal of reaching 1,000 public re-charging points by the end of 2022, one every 50 kilometers along the main road corridors of the Iberian Peninsula.
The Spanish Official Credit Institute (ICO) has participated in two financing operations related to this Repsol project for a total amount of €40.7 million.
The 610 electric recharging points (18 ultra-fast and 592 fast) will be installed before the end of 2023 and will be located at 577 Repsol stations in Spain and 33 in Portugal. The installed capacity of the fast and ultra-fast recharging points will be 50 kW and 180 kW. All Repsol's electric recharging points are guaranteed to provide 100% renewable energy.
Repsol's public recharging network currently includes 350 points, including 70 fast charge points, most of which are located at service stations.
