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TotalEnergies: expands renewable portfolio

(CercleFinance.com) - TotalEnergies, which holds a 20% stake in AGEL, today added a net capacity of approximately 1.
4 GWp of projects in operation and under construction to its renewable portfolio.

SB Energy India has a global renewable portfolio of 5 GWac across four Indian states.

These projects are all subject to 25-year power purchase agreements with sovereign counterparties such as Solar Energy Corporation of India (SECI), NTPC and NHPC.

This transaction values SB Energy India at approximately 3.5 billion dollars.


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