Back to News
Dec 17, 2025 8:00 AM

TotalEnergies Divests Half Of Greek Wind And Solar Assets For $595 Million

TotalEnergies (NYSE:TTE) stock rose Wednesday after the energy major agreed to sell a 50% stake in its 424-megawatt wind and solar portfolio in Greece to Asterion Industrial Partners for 508 million euros (around $595 million).

The transaction values the assets at roughly 1.2 million euros (about $1.4 million) per megawatt.

TotalEnergies retains the remaining 50% and continues to operate the assets, while also handling the offtake and marketing of most electricity once regulated ...