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TTE TotalEnergies SE

72.10
0.07 (0.10%)
Last Updated: 20:33:29
Delayed by 15 minutes
Name Symbol Market Type
TotalEnergies SE NYSE:TTE NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.07 0.10% 72.10 72.525 72.0201 72.37 536,715 20:33:29

TotalEnergies Signs 25-Year PPA in Kazakhstan

09/06/2023 6:30am

Dow Jones News


TotalEnergies (NYSE:TTE)
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By Giulia Petroni

 

TotalEnergies has signed a power purchase agreement for a project in Kazakhstan that aims to build a one gigawatt onshore wind farm combined with a 600 megawatt hours battery energy storage system.

The French oil-and-gas major said Friday that the electricity produced by the so-called Mirny project will be sold to a public entity owned by the government of Kazakhstan for the supply of the national grid. The PPA is for a period of 25 years.

The project, which represents and investment of around $1.4 billion, is set to provide electricity to one million people.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

June 09, 2023 01:15 ET (05:15 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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