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Acquisition of 50% Stake in EPH Flexible Power Assets in Europe

Sector: Energy Storage • Location: Europe

Source: Trend News Agency

Project
Planned

TotalEnergies has signed an agreement to acquire a 50% stake in Energetický a průmyslový holding’s (EPH) flexible power generation assets across Italy, the UK and Ireland, the Netherlands, and France. The portfolio includes over 14 GW of gas-fired and biomass power plants, batteries, and projects under construction or development, delivering around 15 TWh of electricity annually. The acquisition w

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The project “Acquisition of 50% Stake in EPH Flexible Power Assets in Europe” is an infrastructure initiative in the Energy Storage sector, located in Europe. Taiyo aggregates data on it from Trend News Agency.

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Description

Description

TotalEnergies has signed an agreement to acquire a 50% stake in Energetický a průmyslový holding’s (EPH) flexible power generation assets across Italy, the UK and Ireland, the Netherlands, and France. The portfolio includes over 14 GW of gas-fired and biomass power plants, batteries, and projects under construction or development, delivering around 15 TWh of electricity annually. The acquisition will form a 50/50 joint venture responsible for managing the assets, while each partner markets its share of production.

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