TOTAL BUYS RENEWABLE
FT - Total has picked up a 23 per cent stake in renewable energy company Eren for €237.5m as the the French oil group looks to expand its capacity in the sector.
As part of the deal Total, which acquired an indirect stake by subscribing to a capital increase, will have the option to take control of Eren after a period of 5 years.
"By partnering with Eren, we are leveraging a team that has a proven track record in renewable power production, and…
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