(IN BRIEF) Shell has signed a Sale and Purchase Agreement with TotalEnergies to sell its European onshore renewables portfolio. The portfolio includes development-stage and operational assets across Italy, the Netherlands, Spain and the United Kingdom. Shell said the transaction supports … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Infrastructure & Utilities, International Trade, Investment, Italy, Netherlands, Spain, United Kingdom
Tagged 0.5 GW portfolio, asset-backed power trading, Capital Markets Day 2025, capital recycling, clean energy assets, customer-focused energy solutions, development-stage assets, Downstream Renewables and Energy Solutions, end of 2026 completion, Europe, European onshore renewables portfolio, flexible generation capacity, Italy, Machteld de Haan, Netherlands, onshore renewables, operational renewable assets, portfolio high-grading, power portfolio, power strategy, regulatory approvals, renewable energy assets, renewable energy divestment, renewable generation capacity, renewable project pipeline, Sale and Purchase Agreement, Shell, Shell Advances Capital Recycling Strategy With Sale of European Renewables Portfolio, Shell High-Grades Power Portfolio Through Renewables Transaction With TotalEnergies, Shell to Sell 0.5 GW European Renewables Portfolio and Development Pipeline to TotalEnergies, SPA, Spain, TotalEnergies, United Kingdom
(IN BRIEF) TotalEnergies has completed the divestment of its distributed solar generation activities in seven European countries: France, Belgium, the Netherlands, Spain, Portugal, the United Kingdom and Luxembourg. The portfolio totals around 170 MW and mainly consists of rooftop solar … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, France, Investment, Luxembourg, Netherlands, Portugal, Spain, United Kingdom
Tagged 170 MW solar portfolio, Amarenco, AMPYR Distributed Energy, Belgium, distributed generation, distributed solar generation, economies of scale, electricity supply, energy transition, Europe, France, gross renewable capacity, Luxembourg, Netherlands, PORTUGAL, renewable assets, renewable energy, renewable energy divestment, rooftop solar, solar assets, solar power, Spain, TotalEnergies, TotalEnergies Divests 170 MW Rooftop Solar Portfolio as Renewable Strategy Shifts Toward Scale, TotalEnergies Exits Distributed Solar Generation in Europe to Focus on Utility-Scale Renewables, TotalEnergies Refocuses European Renewables Business on Large Solar and Wind Projects, United Kingdom, utility-scale solar, wind farms
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