Brief: Totalenergies Acquires A Portfolio Of Hydropower Projects In Africa

Scatec ASA

30/07/2024 07:06

July 30 (Reuters) - TotalEnergies SE  TTEF.PA :
    * TOTALENERGIES ACQUIRES A PORTFOLIO OF HYDROPOWER PROJECTS
IN
AFRICA TO DEPLOY ITS MULTI-ENERGY STRATEGY
    * AGREEMENT WITH SCATEC TO ACQUIRE 100% OF ITS SUBSIDIARY SN
POWER
    * TOTALENERGIES WILL ACQUIRE A 28.3% STAKE IN THE BUJAGALI
HYDROPOWER PLANT CURRENTLY IN OPERATION IN UGANDA
    * WILL ALSO ACQUIRE MINORITY STAKES IN TWO PROJECTS UNDER
DEVELOPMENT IN RWANDA (260 MW) AND MALAWI (360 MW).

Source text for Workspace:  ID:nNDL1hBlsF 
Further company coverage:  TTEF.PA 

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