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Stock impact report

Europe: TotalEnergies to Supply Renewable Electricity to Airbus in Germany and the United Kingdom

TotalEnergies SE Ordinary Shares (TTE) 
Company Research Source: Business Wire
PARIS--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Airbus, a leading aircraft manufacturer, have signed two clean firm power contracts to supply 3.3 TWh to all major Airbus sites located in Germany and the United Kingdom.The electricity supplied to Airbus into the next decade will have a baseload profile and come from new renewable assets with a capacity of 200 MW. This supply will cover half of the electricity needs of the sites concerned, starting from 2027.“Following last year’s announcement of our partnership in sustainable aviation fuel, we are pleased to sign these power purchase agreements with Airbus in Germany and the United Kingdom, two countries where TotalEnergies is growing quickly its production base and its sales,” said Stéphane Michel, President, Gas, Renewables & Power at TotalEnergies. “These new contracts illustrate TotalEnergies’ ability to deliver turnkey clean firm power solutions on multi-geographies to support our industrial customer Show less Read more
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