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TotalEnergies to Buy Shell’s Onshore Renewables Portfolio in Europe

Shell logoShell
Sig2.48Sen-0.05Env+0.05Soc+0.20Gov+0.60
TotalEnergies logoTotalEnergies
Sig2.15Sen+2.90Env+3.35Soc+0.70Gov+0.95

TotalEnergies will buy Shell’s entire onshore renewable power portfolio in Europe, aligning the assets with its integrated electricity strategy and expanding generation in deregulated markets across Italy, the Netherlands and the UK. The deal builds on prior Shell disposals of onshore renewables in India and supports TotalEnergies’ push to grow toward 75 GW by 2050.

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