In line with its business model, totalenergies is selling 50% of a portfolio of renewable assets in portugal

Paris--(business wire)--in line with its renewables business model, totalenergies (paris:tte) (lse:tte) (nyse:tte) announces the completion of the sale of 50% of its 604 mw wind, solar and hydro portfolio in portugal to the consortium composed of mm capital partners 2 co., ltd, daiwa energy & infrastructure co. ltd, and mizuho leasing co., ltd for a consideration of 178,5 million euros, equivalent to an enterprise value of €550 m. following this transaction, totalenergies will retain a 50%.
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