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Total adds to renewable gas push with Fonroche acquisition

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PARIS (Reuters) - French oil group Total said on Monday it had acquired Fonroche Biogaz, a leading producer of renewable gas in France with nearly 500 gigawatt-hours of installed capacity.
The latest acquisition comes amid a broader push by the firm to build up its presence in electricity markets and in renewable energy and reduce its dependence on oil, and Total said last week it would invest over $2 billion in this segment in 2021.
It gave no financial details for the Fonroche purchase. Total aims to produce 1.5 terawatt-hours of biomethane a year by 2025, the group said in a statement. ....

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Total Acquires Fonroche Biogaz | MarketScreener

By Giulia Petroni
Total SE said Monday that it has acquired French company Fonroche Biogaz for un undisclosed sum, marking a step in the development of its renewable gas market.
Fonroche Biogaz designs, builds and operates anaerobic-digestion units in France. Tne company has industrial and technological expertise across the whole renewable gas value chain and an installed capacity of close to 500 gigawatt hours, Total said.
With this acquisition, Total becomes a major player in renewable gas in France and Europe, and significantly strengthens its presence in the sector, the French oil-and-gas major said.
Write to Giulia Petroni at giulia.petroni@wsj.com ....

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Reports: Yankees acquiring OF Greg Allen from Padres

The New York Yankees are in the process of acquiring speedy outfielder Greg Allen from the San Diego Padres, according to multiple reports on Wednesday. ....

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THG : Buys Dermstore From Target for $350 Million

By Adria Calatayud

THG Holdings PLC said Tuesday that it has acquired Dermstore LLC, a U.S. online retailer of skincare and specialty beauty brands, from U.S. retail giant Target Corp. for. | January 25, 2021 ....

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BBCNEWS Italys Sunken City December 25, 2020 03:48:15

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