TotalEnergies Acquires Three TexGen Gas-Fired Power Plants In Texas
As part of its development as an integrated electricity player, TotalEnergies has signed an agreement with the American company TexGen for the acquisition for an amount of 635 million dollars for three gas plants representing 1.5 GW of electricity generation capacity in Texas. Connected to the Texas ERCOT ( Electric Reliability Council of Texas) network, the second […]
TotalEnergies partners ADNOC for Fuel Distribution
The partnership between TotalEnergies and ADNOC has been further strengthened following the signing by ADNOC Distribution of an agreement to acquire a 50% stake in TotalEnergies Marketing Egypt LLC for a consideration of approximately $200 million. This new transaction follows the signing of the strategic partnership agreement signed by TotalEnergies and ADNOC on the occasion […]
Veolia partners TotalEnergies to construct the solar PV system for a desalination plant
TotalEnergies and Veolia have signed an agreement to start the construction of the largest solar photovoltaic (PV) system providing power for a desalination plant in Oman, in the city of Sur. The power plant will be located on the site of the Sharqiyah Desalination plant, which is a reference in Oman and in the gulf […]
Cathay Innovation drives Industrial, societal transformation through Euro 1Bn VCF
California based Cathay Innovation recently announced the launch of its third venture capital fund, a Euro 1B global fund investing in startups accelerating the sustainable transformation of industries and society. At close, Cathay Innovation Fund III could be one of the largest multi-stage venture capital funds globally and is backed by institutional investors and multinational corporations […]
