Market Chatter: TotalEnergies Renewable Assets in Portugal Draw Interest From Abu Dhabi-Based Masdar

Important legal information about the email you will be sending. By using this service, you agree to input your real email address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an email. All information you provide will be used by Fidelity solely for the purpose of sending the email on your behalf. The subject line of the email you send will be "Fidelity.com: "

Market Chatter: TotalEnergies Renewable Assets in Portugal Draw Interest From Abu Dhabi-Based Masdar

, MT Newswires - 4:25 PM ET 3/21/2025 default

04:25 PM EDT, 03/21/2025 (MT Newswires) -- TotalEnergies' (TTE) renewable energy assets in Portugal are attracting interest from Abu Dhabi-based Masdar, which is exploring the acquisition of an undisclosed stake, Reuters reported Friday, citing three people with knowledge of the matter.

A Masdar spokesperson told Reuters the company does not comment on market speculation but is looking for opportunities in the region as it expands toward its global target of 100 gigawatts in capacity by 2030.

TotalEnergies and Masdar did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.