TotalEnergies(TTE)
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TotalEnergies Sells 50% of 270 MW French Renewables Portfolio
Yahoo Finance· 2025-10-01 02:25
Core Insights - TotalEnergies has completed the sale of a 50% stake in a 270 MW portfolio of wind and solar projects in France to Eiffel Investment Group, valuing the assets at €265 million [1] - The transaction aligns with TotalEnergies' Integrated Power business model, allowing the company to retain a 50% stake and continue operating while monetizing part of its renewable assets [2] - The deal supports TotalEnergies' ambition to scale renewable capacity while maintaining capital discipline, with a target of 35 GW of installed renewable capacity by year-end 2025 [4] Company Strategy - TotalEnergies aims for a 12% profitability in its power segment through this transaction, which helps derisk projects and recycle capital [2] - The company plans to deliver more than 100 TWh of net electricity production by 2030, positioning itself as a leading integrated power provider [4] Industry Trends - The transaction reflects a growing trend among oil majors to share ownership of renewable assets with financial investors, enhancing balance sheet flexibility while achieving energy transition goals [5] - Competitors such as bp, Shell, and Eni have also pursued similar divestment models in Europe and beyond [5] Partner Profile - Eiffel Investment Group, managing €7 billion, specializes in energy transition financing and has expanded its focus on sustainable infrastructure investment across Europe, the U.S., and the Middle East [3]
TotalEnergies (NYSE:TTE) Upgraded by RBC Capital Amid Strategic Moves
Financial Modeling Prep· 2025-09-30 18:00
Core Viewpoint - RBC Capital upgraded TotalEnergies to "Outperform" and adjusted the price target from €75 to €70, indicating positive sentiment towards the company's future performance [1][6] Company Strategy - TotalEnergies is acquiring a stake in an onshore gas field in the United States, demonstrating its commitment to expanding energy operations in the region [2][6] - The company is reducing its capital expenditures by $1 billion annually, reflecting a trend towards financial prudence and a strategy to balance growth with cost management [3][6] Market Performance - TotalEnergies' stock is currently priced at $59.63, showing a 3.39% decrease from the previous price, with fluctuations between $59.22 and $62.29 on the same day [4] - Over the past year, the stock reached a high of $69.79 and a low of $52.78, indicating market volatility [4] - The company has a market capitalization of approximately $134.5 billion, with a trading volume of 355,981 shares today, reflecting strong investor interest [5]
Renewables: TotalEnergies Divests 50% of a 270 MW Portfolio in France
Businesswire· 2025-09-30 17:30
PARIS--(BUSINESS WIRE)--In line with its renewables business model, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the completion of the sale of 50% of a 270 MW wind and solar portfolio in France to investment funds managed by Eiffel investment Group. This transaction values the portfolio at €265 million. Following this transaction, TotalEnergies retains a 50% stake and remains the operator of the assets, from which it offtakes and markets most of the production. TotalEnergies' Integr. ...
TotalEnergies: Going For The Top Debt Rating (NYSE:TTE)
Seeking Alpha· 2025-09-30 17:15
I analyze oil and gas companies like TotalEnergies SE and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up ...
TotalEnergies: Going For The Top Debt Rating
Seeking Alpha· 2025-09-30 17:15
I analyze oil and gas companies like TotalEnergies SE and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up ...
TotalEnergies sells stake in French renewable portfolio for $155 million
Reuters· 2025-09-30 15:48
French oil major TotalEnergies on Tuesday said that it is selling a 50% stake in a 270 megawatt portfolio of French wind and solar assets to investment fund manager Eiffel Investment Group. ...
TotalEnergies to buy 49% stake in Continental Resources’ gas assets
Yahoo Finance· 2025-09-30 09:13
Core Viewpoint - TotalEnergies has agreed to acquire a 49% interest in natural gas-producing assets in the Anadarko Basin, Oklahoma, enhancing its natural gas production capabilities in the US [1][3]. Group 1: Acquisition Details - The assets are owned by Continental Resources and are connected to the Henry Hub through existing midstream infrastructure [1]. - The expected gross production potential of these assets is approximately 350 million standard cubic feet per day (mscf/d) by 2030, with the ability to maintain this production level over the long term [1]. - TotalEnergies anticipates securing around 150 mscf/d of gas production from this acquisition [2]. Group 2: Strategic Implications - This acquisition complements TotalEnergies' previous acquisitions in the Eagle Ford Basin, specifically the Dorado and Constellation assets [2]. - The company also operates technical production of about 500 mscf/d in the Barnett, further solidifying its position in the US natural gas market [2]. - TotalEnergies aims to enhance its integrated LNG position with low-cost and low-emission gas production through this acquisition [3]. Group 3: Partnerships and Other Acquisitions - TotalEnergies is partnering with Continental Resources, recognized for its technical expertise and operational excellence in the Anadarko Basin [3]. - In addition to this acquisition, TotalEnergies has also secured a 25% interest in Block 53 offshore Suriname and a 25% working interest in a portfolio of US offshore exploration leases from Chevron [4].
TotalEnergies Targets 4% Growth, $7.5B Savings Plan, and 40% Payout Policy
Yahoo Finance· 2025-09-30 09:00
TotalEnergies (TTE) has confirmed its long-term growth strategy, targeting ~4% annual energy production growth through 2030, a $7.5 billion savings program over 2026–2030, and sustained shareholder returns above 40% of cash flow. At its 2025 Strategy and Outlook presentation in New York, TotalEnergies unveiled plans to grow oil, gas, and electricity output while implementing $7.5 billion in cost reductions and maintaining industry-leading shareholder payouts. TotalEnergies will pursue balanced growth anc ...
TotalEnergies to sell 50% stake in 1.4GW North American solar portfolio
Yahoo Finance· 2025-09-30 08:45
Core Insights - TotalEnergies has agreed to sell a 50% interest in a 1.4GW North American solar portfolio to KKR, with an enterprise value of $1.25 billion, resulting in TotalEnergies receiving $950 million at closing [1][2][5] Group 1: Transaction Details - The deal includes six utility-scale solar projects totaling 1.3GW and 41 distributed-generation sites amounting to 140MW, primarily located in the US [1] - TotalEnergies will retain half of the ownership stake and continue to operate the assets after the deal is completed [2] Group 2: Strategic Importance - KKR has committed over $23 billion to energy transition investments, viewing TotalEnergies' solar portfolio as high-quality renewable energy assets with long-term contracts [3] - This partnership is seen as a strategic move for TotalEnergies to expand its integrated business model in the North American deregulated electricity market [5] Group 3: Business Model and Future Plans - TotalEnergies aims for a 12% profitability for its integrated power business and plans to sell up to 50% of its renewable assets once operational risks are minimized [4] - The company is developing a portfolio that integrates renewables with assets like combined cycle gas turbines and storage solutions [3]
TotalEnergies may sell part of Adani Green stake, CEO says
BusinessLine· 2025-09-30 07:35
TotalEnergies SE Chief Executive Officer Patrick Pouyanne said the French energy giant may sell part of its stake in Adani Green Energy Ltd. to capitalise on the Indian renewable producer’s rising valuation.TotalEnergies acquired 20 per cent of Adani Green in 2021 for $2 billion, extending its series of deals with Indian billionaire Gautam Adani. The French company still holds 19 per cent of the renewable energy firm, according to data compiled by Bloomberg. Speaking to investors in New York on Monday, Pou ...