TotalEnergies Divests Half Of Greek Wind And Solar Assets For $595 Million
I'm PortAI, I can summarize articles.
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.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: benzinga_article The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments