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TotalEnergies Expands Caribbean Portfolio, Breaks Ground on PV Parks in Spain
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6 Articles
TotalEnergies To Sell 50% Stake In Portugal Renewable Portfolio, Aligning With Its Business Model
TotalEnergies has completed the sale of a 50% stake in its 604 MW portfolio of wind, solar, and hydroelectric assets in Portugal. The stake was sold to a consortium made […] The post TotalEnergies To Sell 50% Stake In Portugal Renewable Portfolio, Aligning With Its Business Model appeared first on SolarQuarter.
Windtech International - TotalEnergies sells 50% stake in Portuguese renewables portfolio
TotalEnergies has finalised the sale of 50% of its 604 MW renewable energy portfolio in Portugal, which includes wind, solar and hydro assets. TotalEnergies will retain the remaining 50% stake and continue to operate the assets.
Summary: TotalEnergies transfers 50% of its Portuguese renewable assets (604 MW) to a Japanese consortium for 178.5 million euros, while maintaining operational control The group simultaneously acquires 50% of the renewable portfolio of AES in the Dominican Republic, bringing its Caribbean capacity to more than 1.5 GW These transactions are part of the capital optimization strategy aiming at a 12% profitability in renewable energies The Caribbea…
TotalEnergy announced on Wednesday the sale of 50% of a portfolio of renewable assets in Portugal for 178.5 million euros. The solar, wind and hydroelectric assets affected by the operation have a total installed power of 604 megawatts (MW), detailed the French energy giant in a statement. The sale will be to a consortium formed by MM Capital Partners 2, Daiwa Energy & Infrastructure and Mizuho Leasing. TotalEnergy will maintain the remaining 50…
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