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Share Name | Share Symbol | Market | Type |
---|---|---|---|
TotalEnergies SE | EU:TTE | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.34 | -0.53% | 64.38 | 64.38 | 64.39 | 64.89 | 64.32 | 64.89 | 680,071 | 10:40:30 |
By Adria Calatayud
TotalEnergies is teaming up with Corio Generation and Rise Light & Power to develop a wind project off the coast of New York and New Jersey, receiving $420 million in cash from its new partners.
The French energy major said Monday that offshore-wind developer Corio and New York-based electricity producer Rise will take stakes of 27.7% and 16.3%, respectively, in the project, called Attentive Energy.
Rise will also contribute its assets and interconnection capabilities in New York City to the project, TotalEnergies said.
TotalEnergies retains a 56% stake in the project, which is aimed at developing more than 3 gigawatts of offshore wind with potential to provide electricity for more than a million homes across the two states, it said.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
October 23, 2023 02:27 ET (06:27 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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