TotalEnergies accelerates gas-to-power integration strategy by acquiring 50% of a portfolio of flexible power generation assets from EPH
- Last Updated on November 19, 2025
TotalEnergies has signed an agreement with Energetický a průmyslový holding, a.s. (EPH) for the acquisition of 50% of its flexible power generation platform (gasfired and biomass power plants, batteries) in Western Europe (Italy, United Kingdom and Ireland, Netherlands, France), valued at €10.6 billion (enterprise value), i.e. a multiple of 7.6x 2026 EBITDA. Under the agreement,
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