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Total mulls sale of 50% of $2.5bn transatlantic portfolio

RICHARD HEAP

February 5, 2024

French giant TotalEnergies is reportedly exploring the sale of a 50% stake in a $2.5bn portfolio of renewable energy assets in Europe and the US.

Reuters has reported that the company is in discussions with advisers about the sale of stakes in wind and solar assets in France, Greece, Portugal, Spain and the US. It is likely to sell the assets in a series of transactions to several buyers.

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