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Bernstein Remains a Hold on Nestlé SA (NSRGF)

Bernstein analyst Callum Elliott maintained a Hold rating on Nestlé SA with a price target of CHF79.00. Elliott, a 2-star analyst with a 0.3% average return and a 45.21% success rate, covers the Consumer Defensive sector. Citi’s Cedric Besnard also issued a Hold rating on Nestlé SA today, while Kepler Capital maintained a Buy rating on December 8.

Tip Ranks·
US
NSRGF
+2.72%
Tip Ranks·
US
NSRGF
+2.72%

TotalEnergies Divests Half Of Greek Wind And Solar Assets For $595 Million

TotalEnergies sold a 50% stake in its Greek wind and solar assets to Asterion Industrial Partners for 508 million euros ($595 million), valuing the assets at 1.2 million euros per megawatt. TotalEnergies retains the remaining stake and continues operations. This divestment is part of its strategy to optimize profitability and manage risk by divesting up to 50% of its renewable assets. TotalEnergies shares rose 1.90% to $65.06 in premarket trading.

benzinga_article·
US
TTE
+2.46%
benzinga_article·
US
TTE
+2.46%

TotalEnergies Sells 50% Stake in Greek Renewables Portfolio for $595.4 Million

TotalEnergies Sells 50% Stake in Greek Renewables Portfolio for $595.4 Million

marketscreener·
US
TTE
+2.46%
marketscreener·
US
TTE
+2.46%

TotalEnergies sells 50% of a Greek renewables portfolio for 254 million euros

TotalEnergies has sold 50% of its 424-megawatt wind and solar portfolio in Greece to Asterion Industrial Partners for 254 million euros. The deal values the portfolio at 508 million euros. TotalEnergies will continue operating the assets and plans to sell electricity post-tariff expiration. The sale is part of efforts to reduce debt after acquisitions increased its debt-to-equity ratio.

Reuters·
US
TTE
+2.46%
Reuters·
US
TTE
+2.46%

TotalEnergies Divests 50% Of 424 MW Portfolio In Greece

TotalEnergies SE :SELLS 50% OF A 424 MW PORTFOLIO IN GREECETRANSACTION VALUES THE PORTFOLIO AT €508 MILLION, OR APPROXIMATELY €1.2 MILLION PER MW INSTALLEDTO PURCHASE AND MARKET MOST OF THE ELECTRICITY PRODUCED BY THESE ASSETS WHEN THEY NO LONGER BENEFIT FROM REGULATED TARIFFSSALE TO ASTERION INDUSTRIAL PARTNERSRETAINS A 50% STAKE AND REMAINS THE OPERATOR OF THE ASSETSSource for text: tinyurl.com/mwp2az7k

Reuters·
US
TTE
+2.46%
Reuters·
US
TTE
+2.46%
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