TotalEnergies has completed the sale of a 50% stake in a 270 megawatt wind and solar energy portfolio in France to investment funds managed by Eiffel Investment Group. The deal values the portfolio at €265 million. After this transaction, TotalEnergies will keep a 50% share and continue operating the assets, handling most of their electricity production and sales.
The company’s business model for renewables involves selling up to half of its renewable assets once they begin commercial operation and are considered low risk. This approach aims to maximize asset value while managing risks as part of its integrated power strategy, which combines renewables like solar and wind with flexible assets such as gas-fired plants and storage.
Eiffel Investment Group manages around €7 billion in assets, according to data from June 2025. Its investors include large institutions and retail clients. The firm focuses on financing energy transition projects through various strategies including private debt, equity, and listed investments. Eiffel employs about 110 professionals across offices in Europe, the United States, and the UAE.
As of June 2025, TotalEnergies reported more than 30 gigawatts of installed gross renewable electricity capacity worldwide and has set targets to reach 35 GW by year-end and over 100 terawatt-hours of net electricity production by 2030.
TotalEnergies operates globally in oil, natural gas, biofuels, biogas, hydrogen, renewables, and electricity. With more than 100,000 employees in about 120 countries, it places sustainability at the center of its strategy.
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