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Nov 17, 2025 8:00 AM

TotalEnergies Adds 14 GW Of Power Assets In Massive Europe Deal

TotalEnergies SE (NYSE:TTE) on Monday disclosed that it will acquire a 50% stake in the flexible power generation portfolio from Energetický a průmyslový holding, a.s. (EPH) at an enterprise value of 10.6 billion euros ($12.3 billion).

Portfolio Details

The acquisition spans a portfolio of over 14 GW of flexible generation capacity, gas-fired plants, biomass facilities, and batteries, either in operation or under construction.

These assets are located across Italy (7.5 GW), the U.K. & Ireland (7.1 GW), the Netherlands (3.6 GW), and France (1.1 GW).

Also Read: Google To Run Ohio Data Centers On Solar Power From TotalEnergies

The deal includes roughly 5 GW of projects under development.

Monetary Aspect

The portfolio covers gas-fired plants, biomass facilities, and batteries across Italy, the U.K., Ireland, the Netherlands, and ...