Project Finance Brief: MET Group Acquires 263 MW of Solar Projects in Italy and Spain
TotalEnergies has acquired solar project developer Core Solar
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TotalEnergies, a multinational integrated oil and gas firm acquired Austin-based Core Solar, a solar project developer, which owns more than 4 GW of utility-scale solar and energy storage projects at various stages of development across several U.S. states. Core Solar’s CEO Greg Nelson and his employees will join TotalEnergies’ teams as part of the transaction. With the acquisition, TotalEnergies further increases its presence in the U.S., where it currently owns a portfolio of more than 10 GW of renewable projects in operation, construction, and under development.
