MM Capital Partners, Daiwa Energy & Infrastructure and Mizuho Leasing completed the acquisition of a 50% stake in a portfolio of renewable assets in Portugal from TotalEnergies for €178m.

MM Capital Partners, an investment firm, Daiwa Energy & Infrastructure, an investment firm focused on sustainable energy projects, and Mizuho Leasing, a financial services firm, completed the acquisition of a 50% stake in a portfolio of renewable assets in Portugal from TotalEnergies, a French multinational energy company, for €178m. "We are pleased with this partnership in Portugal, a country where TotalEnergies intends to continue its development in renewables. In line with our strategy, this transaction allows us to optimize our capital allocation in our integrated electricity activities and contribute to improving the sector's profitability," Olivier Jouny, TotalEnergies SVP Renewables.