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TotalEnergies to Supply Renewable Power to Airbus Sites in Germany and UK

Tipranks - Fri Feb 6, 3:14AM CST

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TotalEnergies SE ( (FR:TTE) ) has shared an update.

TotalEnergies has signed two long-term clean firm power contracts with Airbus to supply 3.3 TWh of renewable electricity to the aircraft maker’s major sites in Germany and the United Kingdom from 2027, drawing on new 200 MW renewable assets with a baseload profile. The agreements will cover around half of the electricity needs of the targeted Airbus facilities, deepen the companies’ existing decarbonisation partnership around sustainable aviation fuel, and highlight TotalEnergies’ ability to leverage its integrated portfolio of renewables and flexible assets to deliver tailored low-carbon power solutions for large industrial clients, reinforcing its positioning as a key partner in corporate energy transition strategies.

More about TotalEnergies SE

TotalEnergies is a global integrated energy company that produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, as well as renewables and electricity. With more than 100,000 employees operating in about 120 countries, the group is building a competitive portfolio that combines solar, onshore and offshore wind with flexible assets such as gas-fired power plants and storage, aiming to expand its renewable electricity generation and place sustainability at the core of its strategy.

Find detailed analytics on TTE stock on TipRanks’ Stock Analysis page.

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