In line with its renewables business model, TotalEnergies announces the completion of the sale of 50% of a 270 MW wind and solar portfolio in France to investment funds managed by Eiffel investment Group. This transaction values the portfolio at €265 million.
Following this transaction, TotalEnergies retains a 50% stake and remains the operator of the assets, from which it offtakes and markets most of the production.
TotalEnergies’ Integrated Power Business Model
TotalEnergies is building a competitive portfolio that combines renewables (solar, onshore wind, offshore wind) and flexible assets (CCGT, storage) to deliver clean firm power to its customers. To achieve the 12% profitability target for its Integrated Power business, TotalEnergies divests up to 50% of its renewable assets once they reach commercial operation date (COD) and are derisked, allowing the Company to maximize asset value and manage risks.
Key data points: The growth forecast = 6.3% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities, and forecasts in the quartz flow tube market to 2031 by type (single hole, three holes, and others), application (semiconductor manufacturing, optics, gas analysis, medical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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