Repsol has acquired Ibil’s charging network and energy commercialisation services for electric vehicles.
Following the agreement, Repsol’s public charging network will consist of more than 230 points in addition to the operation of 1,000 terminals for private use.
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The public network includes more than 50 fast charging points, located mainly at Repsol service stations, as well as the first two ultra-fast facilities on the Iberian Peninsula.
Ibil will concentrate its activities in providing the market with technological and services for installation and operation of charging infrastructures.
Once the operation is completed, Ibil, in which Repsol and the Ente Vasco de Energía (EVE) will continue to hold 50% stakes, will adapt its business model to focus on technological developments for mobility, sustainability and the energy transition.
Repsol and Eve created Ibil in 2010, becoming the number one charging operator in Spain at that time.
Additionally, the company, through its Repsol Electricidad y Gas subsidiary, will be able to supply 100% renewable electricity for vehicle charging.
In addition to electric mobility, Repsol is developing more efficient fuels, the supply of AutoGas and the launch of WiBLE, a car-sharing service in Madrid.
