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Market Chatter: TotalEnergies Mulls Sale of Stake in Kyon Energy's Battery Storage Systems in Germany
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Market Chatter: TotalEnergies Mulls Sale of Stake in Kyon Energy's Battery Storage Systems in Germany
Oct 24, 2025 6:35 AM

09:24 AM EDT, 10/24/2025 (MT Newswires) -- TotalEnergies (TTE) is weighing the sale of a stake of around 50% in Kyon Energy's battery storage systems in Germany, Bloomberg reported Friday, citing sources familiar with the matter.

The asset could draw investors such as infrastructure funds, one of the sources reportedly said.

The French energy company could still decide to keep the asset as discussions are still ongoing, according to the report.

TotalEnergies did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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