MARKETS

Total deepens decarbonisation investments

FRENCH supermajor Total is reaching further into the downstream, trying to get ahead of the pack in a carbon constrained world by dropping a cool US$1.7 billion on alternative power supplier Direct Energie and finalising a takeover of electric vehicle charging solutions provider G2mobility.

Total deepens decarbonisation investments

The Direct Energie deal positions Total to challenge state-controlled utility Electricite de France for market share in the French retail electricity market.   It now holds some 95% of the company,...

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