TotalEnergies Completes Acquisition of Total Eren for $1.6 Billion
TotalEnergies will increase its stake from approximately 30% to 100%
July 25, 2023
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France-based energy conglomerate TotalEnergies is acquiring full ownership of renewable energy company Total Eren. The deal follows a strategic agreement signed in 2017 between the two, which granted TotalEnergies the right to acquire the entirety of Total Eren shares after five years.