REG-TotalEnergies SE TotalEnergies Sells its GreenFlex Affiliate to the French Group Oteis to Create a Leading Player in Sustainable Consultancy and Solutions

TotalEnergies SEAnnouncement

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TotalEnergies Sells its GreenFlex Affiliate to the French Group Oteis to
Create a Leading Player in Sustainable Consultancy and Solutions

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and the independent French
consulting and engineering group Oteis have signed a deal for the sale of
TotalEnergies’ sustainable consultancy and solutions affiliate GreenFlex to
Oteis, a divestment that reflects TotalEnergies’ strategy to concentrate its
activities on energy production and supply.

With over 800 employees and some thirty agencies in France and the rest of
Europe, Oteis Conseil & Ingénierie operates in several fields:
construction, water and development, infrastructure, and industry. The
group’s ability to integrate new teams and develop their skills following
deals similar to the GreenFlex acquisition has delivered strong growth in
recent years.

Oteis intends to harness GreenFlex’s expertise in environmental and social
consultancy, low-carbon energy performance and transition financing to
establish a major new player with a full range of services and solutions on
their markets.

For the teams at GreenFlex, the deal represents an opportunity to expand into
new markets while continuing to help businesses and regions to become more
sustainable, decarbonize and improve their energy efficiency.

Following divestment, TotalEnergies will become a major GreenFlex customer,
signing a contract for the production of French Energy Saving Certificates
(CEEs).

Completion of the project is subject to the usual conditions, including the
consultation of employee representatives and the authorization of the
competition authorities.

***

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets
energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen,
renewables and electricity. Our more than 100,000 employees are committed to
provide as many people as possible with energy that is more reliable, more
affordable and more sustainable. Active in about 120 countries, TotalEnergies
places sustainability at the heart of its strategy, its projects and its
operations.

About GreenFlex

GreenFlex supports businesses and regional authorities from designing of their
roadmap to launching of operations and ongoing monitoring. This end-to-end
support is based on a multi-disciplinary model, combining consultancy,
dedicated contacts, digital tools, and financing. GreenFlex’s teams work in
nineteen offices across France and the rest of Europe.
http://www.greenflex.com/
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About Oteis

An independent French consulting and engineering group, Oteis operates in many
fields: Construction, Water & Development, Infrastructure & Civil
Engineering, and Industry & Processes. When acting as a Consultant, or
providing assistance for project ownership or project management, we support
public and private entities at every stage of their project: planning,
feasibility, design, construction, operation and maintenance, and renovation
and rehabilitation. With our "Green & Digital" inspiration for innovative,
high-performance and resilient structures, Oteis is a bold company with a
proven track record of past projects delivered by its committed,
multidisciplinary teams. The experience of our 850 employees and our dense
regional network (over thirty agencies in mainland France, the French overseas
territories, Belgium, and Monaco) allow us to combine technical expertise,
customer closeness, and agility alongside innovation, value and low-carbon
ambitions for our customers’ projects. More information at www.oteis.fr
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Cautionary Note

The terms “TotalEnergies”, “TotalEnergies company” or “Company” in
this document are used to designate TotalEnergies SE and the consolidated
entities that are directly or indirectly controlled by TotalEnergies SE.
Likewise, the words “we”, “us” and “our” may also be used to refer
to these entities or to their employees. The entities in which TotalEnergies
SE directly or indirectly owns a shareholding are separate legal entities.
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. Information concerning risk factors, that may affect
TotalEnergies’ financial results or activities is provided in the most
recent Registration Document, the French-language version of which is filed by
TotalEnergies SE with the French securities regulator Autorité des Marchés
Financiers (AMF), and in the Form 20-F filed with the United States Securities
and Exchange Commission (SEC).

TotalEnergies Contacts 

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR 
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Investor Relations : +33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com)



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