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Published 2 years ago

TotalEnergies agrees to buy 50% of U.S. renewables company Clearway

Summary by Ground News
TotalEnergies has been branching out into the fast-growing renewables energy sector. The company said the acquisition would see it team up with Global Infrastructure Partners (GIP) GIP will receive $1.6 billion in cash and an interest of 50% minus one share in the TotalE energies subsidiary that holds its 50.6% ownership in SunPower.

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