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TotalEnergies Plans Stake Sales in US, Spain Renewables
TotalEnergies Plans Stake Sales in US, Spain Renewables

Bloomberg

time06-06-2025

  • Business
  • Bloomberg

TotalEnergies Plans Stake Sales in US, Spain Renewables

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.

Russia's Gazprom says Q1 net profit edges up to $8.4 billion
Russia's Gazprom says Q1 net profit edges up to $8.4 billion

Reuters

time30-05-2025

  • Business
  • Reuters

Russia's Gazprom says Q1 net profit edges up to $8.4 billion

MOSCOW, May 30 (Reuters) - First-quarter net income of Russia's energy giant Gazprom ( opens new tab edged up by around 1% in the first quarter to 660.4 billion roubles ($8.41 billion) from the year-earlier period with sales also up, the company said on Friday. It said the revenue of Gazprom Group increased to 2.81 trillion roubles in the January-March period, up from around 2.78 trillion roubles in the same period in 2024. ($1 = 78.5000 roubles)

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