A Broader European Play
The move comes on the heels of TotalEnergies’ October announcement that it sold a 50% stake in French wind and solar portfolios for €132.5 million and parted ways with mature offshore oil fields in Norway—further evidence of its strategic tilt toward cleaner, more flexible power generation assets.
Energetický, owned by Czech billionaire Daniel Křetínský, is no stranger to large-scale energy investments across Europe. The partnership blends his company’s portfolio expertise with TotalEnergies’ ambition to become a global leader in multi-energy operations.
Counsel for both parties was not immediately available, and neither company responded to requests for comment.
