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TotalEnergies Sells GreenFlex to Oteis to Refocus on Core Energy Operations
Yahoo Finance· 2025-10-21 02:02
TotalEnergies has agreed to sell its sustainable consultancy and solutions unit, GreenFlex, to French engineering and consulting firm Oteis, in a move that underscores the oil major’s strategy to streamline its business around energy production and supply. The deal will transfer GreenFlex - an affiliate specializing in environmental consulting, energy efficiency, and transition financing - to Oteis, which plans to use the acquisition to create a leading full-service player in sustainability and infrastruc ...