TotalEnergies acquires Shell's European onshore wind and solar portfolio
TotalEnergies has agreed to purchase the entirety of Shell's European onshore wind and solar assets, according to Windpower Monthly, reNEWS, and Recharge News. The transaction follows Shell's appointment of a new low-carbon chief and forms part of a broader retreat by Shell from European onshore renewables reported by Recharge News. For operators and asset managers, the deal signals a continued consolidation of European onshore wind ownership among large integrated energy companies, with implications for O&M contract continuity and long-term PPA counterparty risk. The scale and exact asset composition of the portfolio were not detailed in the available feed excerpts.
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