Total divests half of renewables portfolio in France

FRENCH major Total has sold 50% of its total solar and wind energy assets across France to banking firm Banque des Territoires for €300 million (A$488 million).

Total divests half of renewables portfolio in France Total divests half of renewables portfolio in France Total divests half of renewables portfolio in France Total divests half of renewables portfolio in France Total divests half of renewables portfolio in France

Cash from sale to fund new renewable developments Fahad Shadeed | Reuters

The sale will see Total divest half its stake in 11 wind farms and 35 solar power plants, with a combined capacity of 143 megawatts.