Finance
TotalEnergies sells stake in French renewable portfolio for $155 million
Published by Global Banking and Finance Review
Posted on September 30, 2025
2 min readLast updated: January 21, 2026
Quick Summary
TotalEnergies sells a 50% stake in its French renewable assets to Eiffel Investment Group for $155 million, aiming to expand its renewable capacity.
TotalEnergies Divests 50% Stake in French Renewable Energy Assets
By America Hernandez
(Reuters) -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.
The transaction values the entire portfolio at 265 million euros ($311.22 million), according to the statement, meaning Total will be paid half that amount for the stake.
TotalEnergies aims to grow its renewable energy portfolio from a current 26 gigawatts to 100 GW by 2030, funding the expansion by building wind and solar projects then selling minority stakes to raise cash. It also hopes to expand its gas business alongside green energy.
On Monday, CEO Patrick Pouyanne said the company had identified Europe, Britain, the United States and Brazil as priority markets for future renewables growth, while it trimmed its capital expenditure budget by $1 billion and announced sales of renewables elsewhere in the world.
Pouyanne said that several renewable asset sales would close before year-end to bring in about $3.5 billion and help offset some $3 billion in acquisitions so far this year and reduce debt.
($1 = 0.8515 euros)
(Reporting by Mateusz Rabiega and America HernandezEditing by Tomasz Janowski)
Key Takeaways
- •TotalEnergies sells 50% stake in French renewable assets.
- •The transaction is valued at $311.22 million.
- •TotalEnergies aims for 100 GW renewable capacity by 2030.
- •Eiffel Investment Group buys the stake.
- •CEO identifies key markets for renewable growth.
Frequently Asked Questions about TotalEnergies sells stake in French renewable portfolio for $155 million
1What is renewable energy?
Renewable energy is energy derived from natural processes that are replenished at a faster rate than they are consumed, such as solar, wind, and hydroelectric power.
2What is an investment portfolio?
An investment portfolio is a collection of financial assets such as stocks, bonds, and cash equivalents, held by an individual or institution to achieve specific investment goals.
3What is a stake in a company?
A stake in a company refers to ownership interest in that company, typically represented by shares of stock, which can provide voting rights and dividends.
4What is capital expenditure?
Capital expenditure (CapEx) is the funds used by a company to acquire, upgrade, and maintain physical assets such as property, buildings, or equipment.
