ENERGY TRANSITION

Total divests half of renewables portfolio in France

FRENCH major Total has sold 50% of its total solar and wind energy assets across France to banking firm Banque des Territoires for €300 million (A$488 million).

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Cash from sale to fund new renewable developments Fahad Shadeed | Reuters

The sale will see Total divest half its stake in 11 wind farms and 35 solar power plants, with a combined capacity of 143 megawatts. Total will use the funds from the transaction to invest in future...

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