TotalEnergies signs partnership deal with GIP for African energy assets
18/09/2026 07:23
TotalEnergies signs partnership deal with GIP for African energy assets Sept 18 (Reuters) - French energy major TotalEnergies TTEF.PA said on Friday it had signed an agreement for BlackRock's BLK.N Global Infrastructure Partners to invest in its African oil and gas infrastructure assets.
In exchange for the fund's $1.8 billion (€1.6 billion) capital contribution, TotalEnergies will pay GIP a recurring fee based on the volume of oil and gas passing through the facilities for up to 15 years, it said.
(1 euro = $1.1479)
(Reporting by Dimitri Rhodes in Gdansk, editing by Milla Nissi-Prussak)
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