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Regulatory News: As part of its development as an integrated power player in Germany, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement...
Regulatory News: As part of its development as an integrated power player in Germany, TotalEnergies has signed an agreement to acquire from its three founders the entire share capital of Kyon...
France's TotalEnergies said on Tuesday it had agreed to acquire the entire share capital of Kyon Energy from the German battery storage firm's three founders. The consideration consists of a €90 million ($98 million) upfront payment, plus some earn-out payments. Munich-based Kyon Energy is a leading developer of battery storage systems. Its portfolio includes a 2-gigawatt pipeline of advanced-stage projects. "This acquisition will enable us to accelerate the development of our Integrated Power a
TotalEnergies acquires German battery storage developer Kyon Energy and expands offshore wind projects in Denmark, Finland, and Sweden.
(RTTNews) - TotalEnergies (TTE) has agreed to acquire from its three founders the entire share capital of Kyon Energy. The consideration consists ...