financetom
Business
financetom
/
Business
/
TotalEnergies Acquires 50% Stake in Dutch Wind Farm From RWE
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
TotalEnergies Acquires 50% Stake in Dutch Wind Farm From RWE
Jul 24, 2024 10:08 AM

12:50 PM EDT, 07/24/2024 (MT Newswires) -- TotalEnergies SE ( TTE ) agreed to acquire a 50% stake in OranjeWind, a 795-megawatt wind farm being developed in the Netherlands, from RWE of Germany.

Financial terms weren't disclosed.

TotalEnergies said Wednesday it will use its share of the production from the wind farm to power 350 MW electrolyzer projects to produce 40,000 tons of green hydrogen per year toward the decarbonization of refineries in Northern Europe.

Price: 67.72, Change: +0.53, Percent Change: +0.79

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Couche-Tard Urges 7-Eleven Parent To Continue Takeover Talks
Market Chatter: Couche-Tard Urges 7-Eleven Parent To Continue Takeover Talks
Sep 9, 2024
06:22 AM EDT, 09/09/2024 (MT Newswires) -- Canada's Alimentation Couche-Tard Inc. ( ANCTF ) is not abandoning its quest to acquire 7-Eleven's Japanese parent company as it seeks to become the world's largest convenience store operator, The Globe and Mail newspaper is reporting. Despite Seven & i Holdings Co. rejecting Couche-Tard's initial offer on Friday, the Laval, Que.-based Circle K...
Walt Disney Reportedly Faces FCC Complaint From DirecTV for Anti-Competitive Practices
Walt Disney Reportedly Faces FCC Complaint From DirecTV for Anti-Competitive Practices
Sep 9, 2024
06:21 AM EDT, 09/09/2024 (MT Newswires) -- Walt Disney ( DIS ) was accused of failing to negotiate in good faith and engage in anti-competitive behavior by DirecTV in a complaint filed with the US Federal Communications Commission, multiple news outlets reported Sunday, citing the satellite TV provider. DirecTV said in the complaint that Disney ( DIS ) has imposed...
Workers at several large US tech companies overwhelmingly back Kamala Harris, data shows
Workers at several large US tech companies overwhelmingly back Kamala Harris, data shows
Sep 9, 2024
NEW YORK (Reuters) - Workers at many of the largest U.S. tech companies overwhelmingly back Democratic presidential candidate Kamala Harris, according to donation data, even as some of the most powerful tech billionaires have thrown their support to Republican rival Donald Trump. Workers at Alphabet, Amazon ( AMZN ) and Microsoft ( MSFT ) are donating millions of dollars to...
Google's antitrust trial over online advertising set to begin
Google's antitrust trial over online advertising set to begin
Sep 9, 2024
* Justice Department alleges Google stymied competition in online ad tech * Google denies allegations, citing competition in apps and connected TV * Trial to feature witnesses from Google, competitors and publishers By Jody Godoy Sept 9 (Reuters) - Alphabet's Google will face U.S. antitrust prosecutors on Monday in Alexandria, Virginia, where the Justice Department will seek to show the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved