Repsol to invest €42mn in Spanish and Portuguese EV charging networks

Repsol is to invest €42.5mn in the installation of 610 electric recharging points at its service stations in Spain and Portugal. The project is part of the company's goal of reaching 1,000 public re-charging points by the end of 2022, one every 50 km along the main road corridors of the Iberian Peninsula, and it is a further step forward on the company’s target of achieving carbon neutrality by 2050. 

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 service stations in Spain and 33 in Portugal, along the Mediterranean and Atlantic corridors. The installed capacity of the fast and ultra-fast recharging points will be 50 kW and 180 kW, respectively. All Repsol's electric recharging points are guaranteed to provide 100% renewable energy. 

Repsol currently operates more than 350 points on the Iberian Peninsula, including 70 fast charging points, most of which are located at service stations.