TotalEnergies to acquire West Burton Energy for £450m to bolster UK energy portfolio

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TotalEnergies to acquire West Burton Energy for £450m to bolster UK energy portfolio

TotalEnergies has announced a significant expansion of its energy operations in the United Kingdom by acquiring West Burton Energy from EIG, a prominent institutional investor in the global energy sector, for an enterprise value of £450 million. This strategic acquisition includes the advanced gas-fired West Burton B power plant located in Nottinghamshire, England, which has […]

Iberdrola advances decarbonization goals with $6.2bn sale of Mexican energy assets

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Iberdrola advances decarbonization goals with $6.2bn sale of Mexican energy assets

Iberdrola, a global energy giant, has successfully finalized the sale of a significant portion of its operations in Mexico, marking a pivotal shift in its business strategy within the country. This transaction, valued at approximately $6.2 billion (€5.8 billion), entails the transfer of a 55% stake in Iberdrola’s Mexican business to a new entity, underscoring […]