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6 clusters · 36 sources · 49 days · First seen · Last updated
TotalEnergies 2026 renewable portfolio moves
Overview
In July 2026, TotalEnergies completed an €86.4 million share buy-back and sold 170 MW of rooftop solar projects to free capital for utility-scale renewables. Over the twelve months leading to March 2026, the group added 8 GW of gross renewable capacity, reaching a total of 35 GW.
In August 2026, TotalEnergies announced two linked transactions. It agreed to acquire Shell’s entire European onshore renewable portfolio—approximately 4 GW of solar and wind assets, including 500 MW of operating or under-construction projects in Italy and the Netherlands and a 3.5 GW pipeline in Italy, the United Kingdom, and Spain. Shell is exiting direct renewable investments to refocus on oil, gas, and energy-trading activities. The acquisition, supported by legal advisor Clifford Chance, is expected to close by the end of 2026 pending regulatory approval.
Simultaneously, TotalEnergies will sell a 50% stake in a 1.2 GW onshore wind and solar portfolio spanning Germany, Spain, France, and Poland to KKR for an enterprise value of €1.8 billion, while retaining operational control. Upon completion, TotalEnergies’ European onshore renewable capacity is projected to total roughly 9-10 GW installed or under construction, supported by an additional 27 GW pipeline.
As part of its broader strategic shift, Shell also completed the sale of the German residential energy storage company sonnen to investment firm Tiven, a move expected to result in a loss of several hundred million euros for Shell.
Entities
Shell · TotalEnergies · TotalEnergies SE · Shell plc · Sonnen
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 16 SOURCES] The acquisition includes about 500 MW of solar and wind assets in operation or under construction, mainly in Italy and the Netherlands.
- [● 16 SOURCES] The deal also includes a pipeline of about 3.5 GW of solar, wind and battery‑storage projects in Italy, the United Kingdom and Spain.
- [● 16 SOURCES] TotalEnergies will sell a 50 % stake in a 1.2 GW renewables portfolio to KKR for an enterprise value of €1.8 billion.
- [● 16 SOURCES] Both transactions are expected to close by the end of 2026, subject to regulatory approval.
- [● 16 SOURCES] After the acquisition, TotalEnergies’ renewable capacity in Europe will be about 9‑10 GW installed or under construction, with a pipeline of 27 GW.
- [● 15 SOURCES] The financial terms of the Shell sale were not disclosed.
- [● 15 SOURCES] Shell is reducing its direct investment in renewables to focus on other businesses.
- [● 14 SOURCES] TotalEnergies acquired all of Shell’s onshore renewable energy activities in Europe.
Timeline
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25 days ago
[BUSINESS] 6 sourcesShell divests sonnen as TotalEnergies expands renewable footprintShell has sold German energy storage firm sonnen to Tiven, marking a continued trend of renewable asset divestment as TotalEnergies expands its European renewable energy portfolio.
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about 1 month ago
[BUSINESS] 2 sourcesTotalEnergies to acquire Shell’s European onshore renewables portfolioShell has agreed to sell its European onshore renewables portfolio to TotalEnergies, including 500 MW of operational assets and a 3.5 GW project pipeline in Italy, the UK, Spain, and the Netherlands.
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about 1 month ago
[BUSINESS] 2 sourcesTotalEnergies Acquires Shell's 4‑GW European Renewable PortfolioShell sold its 4 GW European on‑shore solar and wind portfolio to TotalEnergies, which also sold a 50% stake in a 1.2 GW portfolio to KKR. Deals close by end‑2026, marking a major shift toward renewables.
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about 2 months ago
[BUSINESS] 23 sourcesTotalEnergies to acquire Shell's European onshore renewables portfolioShell will sell its European onshore renewables (≈500 MW + 3.5 GW pipeline) to TotalEnergies, which will also off‑load 50 % of a 1.2 GW portfolio to KKR for €1.8 bn; both deals close by end‑2026.
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2 months ago
[BUSINESS] 4 sourcesTotalEnergies sells European rooftop solar assets to focus on utility‑scale renewablesTotalEnergies sold 170 MW of rooftop solar in seven European countries to Amarenco and AMPYR, shifting its focus to utility‑scale renewable farms as it targets over 75 GW by 2030.
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2 months ago
[BUSINESS] 2 sourcesTotalEnergies completes €86.4 million share buybackTotalEnergies bought back €86.4 million of its own shares from 29 June to 3 July 2026 across European markets, following shareholder approval.
Sources
4jewish.com · abcbourse.com · bioplasticsnews.com · businesspeople.it · capital.fr · citybizlist.com · ekolist.cz · energy-storage.news · epbr.com.br · esgdive.com · europoortkringen.nl · excitingcommerce.de · finanzen.at · finanzen.net · finanznachrichten.de · fr.businessam.be · fuelsandlubes.com · ilcorrierino.com · legaldesire.com · mercomcapital.com · newmoney.gr · news.az · noonasoverforks.com · nos.nl · ota.fi · otravel.com · radiichina.com · reneweconomy.com.au · skiswallow.com · solarquarter.com · soldionline.it · stocktitan.net · taiyangnews.info · techbullion.com · thefinancialanalyst.net · windenergie-nieuws.nl
This summary has been updated 9 times: see revision history