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PARIS--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the closing of its acquisition of a 50% stake in the solar, wind and Battery Energy Storage Systems (BESS) portfolio of AES Dominicana Renewables Energy. This deal follows TotalEnergies' 2024 acquisition of a 30% share in AES solar and battery assets currently under construction in Puerto Rico. The combined portfolio now exceeds 1.5 GW of renewable energy and BESS capacity across the Caribbean. These transactions a.
PARIS--(BUSINESS WIRE)--In line with its renewables business model, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the completion of the sale of 50% of its 604 MW wind, solar and hydro portfolio in Portugal to the Consortium composed of MM Capital Partners 2 Co., Ltd, Daiwa Energy & Infrastructure Co. Ltd, and Mizuho Leasing Co., Ltd for a consideration of 178,5 million euros, equivalent to an enterprise value of €550 m. Following this transaction, TotalEnergies will retain a 50%.
Totalenergies said on Wednesday it was selling 50% of a portfolio of renewable assets in Portugal for 178.5 million euros ($210 million).
TTE boosts its Suriname offshore footprint with a 25% stake in Block 53, expanding low-cost GranMorgu development potential.