Asterion Industrial Partners to acquire a 50% stake in CEB from TotalEnergies.

Asterion Industrial Partners, a private equity firm, agreed to acquire a 50% stake in Compagnie Electrique de Bretagne, a natural gas-fired combined cycle power plant, from TotalEnergies, an oil and gas company. Financial terms were not disclosed. “We are excited about the continued evolution of Asterion’s portfolio and our platform. We are proud to be able to partner with TotalEnergies in a sector so critical for the energy transition in Europe and we are equally delighted that our team now includes Irene Otero as well as David and Silke as part of the Asterion IC to further contribute to the robustness of our investment decision making. We are enormously thankful for these partnerships," Jesus Olmos, Asterion CEO and Founding Partner.