TotalEnergies Acquires Flexible Power Assets for €5.1B
Update: 2025-11-17
Description
TotalEnergies bolsters European power presence with $5.1B acquisition: This episode delves into TotalEnergies strategic acquisition of half of Energetický a pr?myslový holdings flexible power generation business, valued at €5.1B. The deal includes gas-fired power plants, biomass units, and battery storage facilities across Europe, expanding TotalEnergies gas, LNG, and power operations. The acquisition adds 14GW of operating and under-construction flexible generation capacity, along with 5GW of development projects, positioning the company to meet growing demand from data centers and electrified industries. This transaction aligns with TotalEnergies strategy to build a comprehensive power business, strengthening its ability to profit along the entire gas-to-power chain.
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