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TotalEnergies Plans Stake Sales in US, Spain Renewables

TotalEnergies Plans Stake Sales in US, Spain Renewables

Bloomberg06-06-2025
TotalEnergies SE is looking to sell a 50% interest in a large portfolio of renewable assets in the US and is considering a similar stake sale for a smaller group of solar farms in Spain, according to people familiar with the matter.
The size of the US assets up for sale may be a little smaller than than the 2 gigawatts of solar and battery storage systems the French energy giant sold to funds managed by Apollo Global Management Inc. for $800 million last December, one of the people said, asking not to be identified discussing confidential information.
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