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Announced

TotalEnergies and ENEOS to form a joint venture.

Synopsis

TotalEnergies, a French multinational integrated energy and petroleum company, and ENEOS, a Japanese petroleum company, to form a joint venture. Financial terms were not disclosed. “We are pleased to partner with ENEOS, one of Asia's most dynamic and established renewable energy players. Through this joint venture we will provide one of the most efficient solutions in Asia to help our B2B customers achieve their sustainability goals while reducing their costs. With this partnership, TotalEnergies further demonstrates its commitment to Asia, a key continent for reaching our target of 100 GW of renewable generation capacity by 2030,” Vincent Stoquart, TotalEnergies Senior Vice President-Renewables.

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