Business
Renewables: TotalEnergies Divests 50% of a 270 MW Portfolio in France
PARIS, October 01, 2025-- In line with its renewables business model, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) 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.
About this update from Totalenergies Se
[{"type":"text","content":"PARIS, October 01, 2025--(BUSINESS WIRE)--","length":42,"tagName":"p"},{"type":"text","content":"In line with its renewables business model, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) 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.","length":292,"tagName":"p"},{"type":"text","content":"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.","length":160,"tagName":"p"},{"type":"text","content":"TotalEnergies’ Integrated Power Business Model","length":46,"tagName":"p"},{"type":"text","content":"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.","length":453,"tagName":"p"},{"type":"text","content":"***","length":3,"tagName":"p","attribs":{}},{"type":"text","content":"About Eiffel Investment GroupEiffel Investment Group is an asset manager with c. €7 billion under management (as of 30/06/2025, including uncalled commitments). Eiffel Investment Group's investor base consists of large institutional investors (insurance companies, mutual insurers, pension funds, banks, family offices, public investors, etc.) as well as retail investors via intermediated distribution.Backed by the Impala group founded by entrepreneur Jacques Veyrat, Eiffel Investment Group cultivates a strong industrial expertise, in particular in the field of the energy transition. Eiffel finances companies and their assets through four main strategies: private debt, private equity, energy transition (infrastructure debt and equity, private equity), and listed credit and equities. Eiffel Investment Group invests for a sustainable world. Its investment strategies aim to generate not only a strong financial performance but also positive social and environmental impacts. Eiffel Investment Group's team counts ...