Aug 07, 2026 (Investor Brand Network via COMTEX) --
British oil and gas multinational Shell has sold all of its European renewable energy assets to TotalEnergies. The French energy firm will take over nearly 4 gigawatts of in-development and operational solar and onshore wind generation from Shell. Simultaneously, TotalEnergies has announced that it is divesting a 50% stake in a separate 1.2 GW, $2.07 billion renewable portfolio to American investment firm KKR.
With oil majors like TotalEnergies expanding their footprint in the renewable energy space to join the likes of GeoSolar Technologies Inc., the energy transition could happen a lot faster than…
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COMTEX_490248538/2557/2026-08-07T13:02:15
