TotalEnergies sells 50% of a 424 MW portfolio of projects in Greece
TotalEnergies has sold 50% of a portfolio of wind and solar projects in Greece to Asterion Industrial Partners, valued at €508mn ($554mn), while retaining operational control and the main share of electricity marketing.
| Sector | Énergie Solaire, Énergie Éolienne, Terrestre, Photovoltaïque |
|---|---|
| Theme | Investissements & Transactions, Investissement entreprise |
TotalEnergies has completed the sale of 50% of a portfolio of renewable energy projects with a total capacity of 424 megawatts (MW) located in Greece to Asterion Industrial Partners. The transaction values the entire portfolio at €508mn ($554mn), or approximately €1.2mn ($1.31mn) per installed MW. The French oil and gas company retains the remaining 50% stake and the operational management of the assets involved.
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