TotalEnergies sells 50% of its renewable assets in Portugal for €178.5mn
TotalEnergies is selling half of a 604 MW Portuguese energy portfolio to the Japanese consortium MM Capital, Daiwa Energy and Mizuho Leasing for €178.5mn, retaining operation and future commercialisation of the assets concerned.
| Countries | France, Japon, Portugal |
|---|---|
| Companies | TotalEnergies |
| Sector | Énergie Solaire, Énergie Éolienne, Énergie Marine & Hydraulique, Terrestre, Photovoltaïque, Hydroélectricité |
| Theme | Investissements & Transactions, Partenariats commerciaux |
TotalEnergies announces the effective sale of 50% of a renewable energy asset portfolio in Portugal, consisting of wind, solar and hydroelectric power plants, to a Japanese consortium led by MM Capital Partners 2 Co., Ltd., together with Daiwa Energy & Infrastructure Co. Ltd. and Mizuho Leasing Co., Ltd. The transaction values all these assets, with a total capacity of 604 megawatts (MW), at €550mn, while the amount actually received by TotalEnergies for this sale totals €178.5mn.
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