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Renewables in Europe: TotalEnergies Acquires Shell's Renewables Business and Sells a 50% Stake in a Portfolio of Developed Assets to KKR

Renewables in Europe: TotalEnergies Acquires Shell's Renewables Business and Sells a 50% Stake in a Portfolio of Developed Assets to KKR

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·         The acquisition of Shell's onshore renewables portfolio complements TotalEnergies' power generation activities in four key European countries.
·         The transaction with KKR is in line with TotalEnergies' business model of selling 50% stakes in renewable assets once developed.

In line with its Integrated Power strategy in Europe focused on selected

Econergy secures £42.7m project financing from Santander and 10-year EDF revenue floor agreement for its 80MW Immingham BESS project in the UK

Econergy secures £42.7m project financing from Santander and 10-year EDF revenue floor agreement for its 80MW Immingham BESS project in the UK

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€50M  ·  ~80MW (240MWh) BESS  ·  Immingham, England, UK  ·  Santander / EDF

Econergy, a leading European independent power producer has secured approximately £42.7million in project financing from Santander UK PLC for its ~80MW (240MWh) battery energy storage system (BESS) project in Immingham, England. The financing was signed by the project company, Ecostor 1 Immingham Ltd, and comprises a main facility of approximately £38.4 million together with a VAT

Synhelion AG ● Dufourstrasse 101 ● 8008 Zürich ● Switzerland ● synhelion.com Press release Synhelion selected for German funding to build commercial synthetic fuel plant

Synhelion AG ● Dufourstrasse 101 ● 8008 Zürich ● Switzerland ● synhelion.com Press release Synhelion selected for German funding to build commercial synthetic fuel plant

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Synhelion has been selected for funding under the “Produktives.NRW” program of the German state of North Rhine-Westphalia (NRW), supporting the construction of a commercial demonstration plant for renewable synthetic fuels at Brainergy Park in Jülich, Germany. The program draws on around EUR 90 million in EU funding from the Just Transition Fund, which is being distributed across nine selected projects supporting industrial innovation in the Rhenish region and the northern Ruhr