TotalEnergies Texas solar and storage portfolio
TotalEnergies' utility-scale solar and battery storage assets in Texas's ERCOT market sell electricity and storage services largely under long-term contracts.
TotalEnergies' utility-scale solar and battery storage assets in Texas's ERCOT market sell electricity and storage services largely under long-term contracts.
Apollo Global Management buys a 50% stake in TotalEnergies’ 2 GW energy portfolio. Separately, Alliant Energy obtains $5.1 billion in federal loans for energy generation and storage projects.
Jan 2025Energy.MediaNews article
TotalEnergies sells half of its 2 GW solar and battery energy storage project portfolio in Texas to Apollo Global Management. The portfolio includes large-scale solar farms paired with energy storage systems, targeting Texas’s growing renewable energy market. The deal reflects TotalEnergies’ strategic shift in asset management while expanding renewable capacity in the U.S.
Dec 2024Mercomindia.comNews article
Apollo acquires a 50% stake in TotalEnergies’ Texas-based solar energy and battery energy storage system (BESS) portfolio through its managed funds. The deal expands Apollo’s presence in renewable energy assets while leveraging TotalEnergies’ existing solar and storage infrastructure in the region. The transaction highlights growing investment in clean energy projects in Texas.
Dec 2024Energy MonitorNews article
TotalEnergies sells half of its 2-gigawatt solar and battery energy storage portfolio in Texas to Apollo Global Management. The deal covers a portion of the company’s renewable energy assets in the state. The transaction reflects a strategic shift in TotalEnergies’ renewable energy investments.
Dec 2024Renewables NowNews article