•  
  •  
  •  

Total buys French onshore wind developer with 1-GW portfolio

Wind farm in southern France. Author: harmishhk. License: Creative Commons, Attribution-ShareAlike 2.0 Generic

March 20 (Renewables Now) - Total Quadran, the French renewable power production unit of Total SA (EPA:FP), has taken over Global Wind Power (GWP) France, which holds an onshore wind project portfolio amounting to 1,000 MW.

The transaction will give Total Quadran ownership over 250 MW of assets that are scheduled to come on stream by 2025. The company will also benefit from GWP’s current teams, which will help step up wind power development in France.

Total Quadran presently operates more than 300 renewable energy plants at home with a combined capacity exceeding 900 MW. According to Philippe Sauquet, president of Gas, Renewables and Power at Total, that portfolio includes over 500 MW of onshore wind assets.

Overall, Total is pursuing a goal of having 25 GW of installed renewable power generation capacity by 2025. At present, the group has close to 7 GW of gross low-carbon power generation capacity, including more than 3 GW of renewables.

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription