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    Home > Finance > TotalEnergies to deploy 30% of capex on integrated power business, chief executive says
    Finance

    TotalEnergies to deploy 30% of capex on integrated power business, chief executive says

    Published by Global Banking & Finance Review®

    Posted on June 16, 2025

    1 min read

    Last updated: January 23, 2026

    TotalEnergies to deploy 30% of capex on integrated power business, chief executive says - Finance news and analysis from Global Banking & Finance Review
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    Tags:sustainabilityinvestmentcapital expenditure

    Quick Summary

    TotalEnergies plans to allocate 30% of its capital expenditure to an integrated power business, aiming to increase electricity to 20% of its portfolio by 2030.

    TotalEnergies Allocates 30% of Capital Expenditure to Power Sector

    KUALA LUMPUR (Reuters) -French oil major TotalEnergies will deploy 30% of its capital expenditure to build an integrated power business, its chief executive Patrick Pouyanne said on Monday. 

    The company aims to raise the share of electricity in its portfolio to 20% by 2030, Pouyanne said at the Energy Asia conference. 

    (Reporting by Sudarshan Varadhan; Writing by David Stanway; Editing by Martin Petty)

    Key Takeaways

    • •TotalEnergies will allocate 30% of its capex to power.
    • •The goal is to increase electricity to 20% of its portfolio by 2030.
    • •CEO Patrick Pouyanne announced this at the Energy Asia conference.
    • •The move signifies a shift towards integrated power solutions.
    • •TotalEnergies is focusing on sustainable energy growth.

    Frequently Asked Questions about TotalEnergies to deploy 30% of capex on integrated power business, chief executive says

    1What percentage of capital expenditure will TotalEnergies invest in its power business?

    TotalEnergies will deploy 30% of its capital expenditure to build an integrated power business.

    2What is TotalEnergies' goal for electricity in its portfolio by 2030?

    The company aims to raise the share of electricity in its portfolio to 20% by 2030.

    3Who is the chief executive of TotalEnergies?

    The chief executive of TotalEnergies is Patrick Pouyanne.

    4At which conference did Patrick Pouyanne announce these plans?

    Patrick Pouyanne announced these plans at the Energy Asia conference.

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