Key highlights
- TotalEnergies sold 50% of a 270 MW wind and solar portfolio in France.
- The transaction values the portfolio at €265 million.
- TotalEnergies retains a 50% stake and remains the operator.
Transaction Overview
TotalEnergies has completed the sale of 50% of its 270 MW wind and solar portfolio in France to investment funds managed by Eiffel Investment Group. The transaction values the portfolio at €265 million.
Operational Details
Following the transaction, TotalEnergies retains a 50% stake and continues to operate the assets. The company offtakes and markets most of the production from these assets.
Strategic Alignment
This divestment aligns with TotalEnergies' strategy to maximize asset value and manage risks by divesting up to 50% of its renewable assets once they reach commercial operation date and are derisked.
