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Total energies (New York Stock Exchange:TTE) is close to a deal to buy a fleet of natural gas-fired power plants in Texas for several hundred million dollars, as the French company looks to expand in the U.S. market, Bloomberg reported Friday.
The deal Independent power producer TexGen Power’s 2.3 GW portfolio, providing capacity equivalent to more than two nuclear reactors, could be announced next week, according to The report.
The purchase would complement TotalEnergies’ (TTE) foray into the North American clean energy market, which already included 6.2 GW of solar and wind gross installed capacity and another 3 GW under construction as of the end of the third quarter. helped by deals such as last year’s acquisition of a 50% stake in Clearway Energy.
