WIND ENERGY

Oil majors invest in distributed wind

JUST in time for the Bastille Day, French oil giant Total has stormed into the wind energy space, making an undisclosed equity investment in United Wind, a US company that brings third-party financing to distributed wind power.

Haydn Black

It follows a recent investment from Norwegian multinational oil company Statoil in March. Total's investment comes as European oilers are increasingly seeking to polish up their green credentials, in...

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