Finance
TotalEnergies agrees renewable power deal with data centre operator Data4
Published by Global Banking and Finance Review
Posted on November 4, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 4, 2025
1 min readLast updated: January 21, 2026
TotalEnergies and Data4 sign a 10-year renewable energy deal to supply 610 GWh of clean power from Spanish wind and solar farms starting in 2026.
(Reuters) -French energy major TotalEnergies signed a 10-year agreement to supply renewable electricity to European data centre operator Data4's sites in Spain, the company said on Tuesday.
Starting in January 2026, the contract will deliver 610 gigawatt-hours (GWh) of clean electricity from Spanish wind and solar farms which will soon come online, the Paris-listed group said in a statement.
"This agreement confirms Data4's commitment to renewable energy, which is all the more strategic at a time when the race for AI is underway. We anticipate a threefold increase in the energy capacity required for all data centres in Spain by 2030," said Data4 CFO François Sterin.
TotalEnergies's increasing investment in electricity allows for a more predictable income stream that does not follow the boom and bust cycles of the oil and gas industry, TotalEnergies CEO Patrick Pouyanne said on Monday at Abu Dhabi's annual International Petroleum Exhibition and Conference (ADIPEC).
(Reporting by Alban Kacher, Editing by Louise Heavens)
Renewable energy is energy derived from natural processes that are replenished constantly, such as sunlight, wind, and water. It is considered more sustainable than fossil fuels.
A data centre is a facility used to house computer systems and associated components, such as telecommunications and storage systems. They are critical for managing data and applications.
A partnership is a formal arrangement in which two or more parties agree to manage and operate a business together, sharing profits, losses, and responsibilities.
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