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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

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