REG-TotalEnergies SE Poland: TotalEnergies and KGHM Join Forces to Develop Offshore Wind Power

TotalEnergies SEAnnouncement

12/04/2022 07:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220412:nBw4V9RVYa&default-theme=true


Poland: TotalEnergies and KGHM Join Forces to Develop Offshore Wind Power

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and KGHM signed a partnership
to participate on a 50/50 basis in the Polish government tender for the
development of offshore wind projects.

The government has launched a new auction scheme covering 11 areas in the
Polish Baltic Sea, representing an expected total capacity of over 10 GW, in
order to leverage the Baltic Sea’s strong potential for wind power
generation due to favorable weather conditions.

The partnership will build on the strengths of both companies. TotalEnergies
will leverage its proven expertise in offshore operations, its experience in
managing large-scale projects and its ties with the worldwide supply chains.
KGHM, as a major Polish state-owned group, will bring its knowledge of the
Polish market.

If awarded one or more wind farms, the partners will mobilize the best
resources to develop these projects to the highest standards and delivery
times, with a high level of local content, thereby boosting the local
industry, creating jobs in Poland and contributing to the supply of green
electricity at a competitive price.

“The development of offshore wind contributes both to the Europe’s energy
transition and supply security. With favorable weather conditions, Poland is
particularly well positioned to participate in the growth of this promising
market,” said Patrick Pouyanné, Chairman & CEO of TotalEnergies. “We
are delighted to partner with KGHM to respond to Polish offshore wind tenders.
Together, we will mobilize all our expertise to meet the challenges of these
projects and thus contribute to Poland's renewable energy goals.”

“In KGHM’s strategy we declared the achievement of climate neutrality by
2050. We are past the stage of planning and are involved in concrete actions.
We are engaged in the process of acquiring several onshore and offshore
projects. We have also submitted preliminary applications for the next round
of permits in the Baltic,” said Marcin Chludziński, President of the
Management Board of KGHM Polska Miedź S.A. “Cooperation with a French
partner on an offshore wind farm project appears to be highly promising,” he
added.

TotalEnergies and offshore wind

TotalEnergies is already developing a portfolio of offshore wind projects with
a total capacity of more than 10 GW, of which 2/3 are bottom-fixed and 1/3 are
floating. These projects are located in the United Kingdom (Seagreen project,
Outer Dowsing, Erebus, ScotWind), South Korea (Bada project), Taiwan (Yunlin
project), France (Eolmed project) and the United States (New York Bight
project). The Company has also been qualified to participate in competitive
tenders in the US, UK and France, and will also participate in tenders in
Norway and Poland.

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets
energies on a global scale: oil and biofuels, natural gas and green gases,
renewables and electricity. Our more than 100,000 employees are committed to
energy that is ever more affordable, cleaner, more reliable and accessible to
as many people as possible. Active in more than 130 countries, TotalEnergies
puts sustainable development in all its dimensions at the heart of its
projects and operations to contribute to the well-being of people.

@TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FTotalEnergies&esheet=52683399&newsitemid=20220411006027&lan=en-US&anchor=%40TotalEnergies&index=1&md5=e135a627554fac0f74290d879c4e2949)
| TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ftotalenergies%2F&esheet=52683399&newsitemid=20220411006027&lan=en-US&anchor=TotalEnergies&index=2&md5=3a2f139cc8927ba28e081a28b57332cb)
| TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.facebook.com%2FTotalEnergiesFrance%2F&esheet=52683399&newsitemid=20220411006027&lan=en-US&anchor=TotalEnergies&index=3&md5=a527825303d28c119ad732b628c82045)
| TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Ftotalenergies%2F&esheet=52683399&newsitemid=20220411006027&lan=en-US&anchor=TotalEnergies&index=4&md5=6cb7c77ba10190c1715df87597b8f73a)

About KGHM

KGHM is involved in the mining and processing of valuable natural resources.
At its heart is the largest deposit of copper ore in Europe, located in
south-western Poland. By advancing our strategy we are systematically
strengthening KGHM’s international position. Currently the company has a
geographically diversified mine project profile. It has operations on three
continents – in Europe, North America and South America. The copper ore
resources controlled by KGHM guarantee the company a leading position in the
mining industry. Its portfolio includes metals such as molybdenum, palladium
and nickel, opening the way for KGHM to gain a strong position amongst the
world’s diversified miners.

Cautionary Note

This press release, from which no legal consequences may be drawn, is for
information purposes only. The entities in which TotalEnergies SE directly or
indirectly owns investments are separate legal entities. TotalEnergies SE has
no liability for their acts or omissions. The terms “Company” or
“TotalEnergies company” refer collectively to the company TotalEnergies SE
and the companies it controls directly or indirectly. Such terms are used
solely for the sake of convenience for purposes of the present communication.
Likewise, the words “we”, “us” and “our” may also be used to refer
to subsidiaries in general or to those who work for them. This document may
contain forward-looking information and statements that are based on a number
of economic data and assumptions made in a given economic, competitive and
regulatory environment. They may prove to be inaccurate in the future and are
subject to a number of risk factors. Neither TotalEnergies SE nor any of its
subsidiaries assumes any obligation to update publicly any forward-looking
information or statement, objectives or trends contained in this document
whether as a result of new information, future events or otherwise.

TotalEnergies Contacts 

Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com 
(mailto:presse@totalenergies.com) 
Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com) | @TotalEnergiesPR
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FTotalEnergiesPR&esheet=52683399&newsitemid=20220411006027&lan=en-US&anchor=%40TotalEnergiesPR&index=5&md5=47e1259643a3d7201d4ee5f15ffeed33)

Contacts KGHM 

Media Relations: +48 887 843 615 l komunikacja@kghm.com 
(mailto:komunikacja@kghm.com) 
Investor Relations: + 48 76 74 78 280 l ir@kghm.com (mailto:ir@kghm.com)



View source version on businesswire.com:
https://www.businesswire.com/news/home/20220411006027/en/
(https://www.businesswire.com/news/home/20220411006027/en/)

TotalEnergies


Copyright Business Wire 2022