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

Summary by AI BETAClose X

TotalEnergies has secured two clean firm power contracts with Airbus, agreeing to supply 3.3 TWh of electricity from new renewable assets totaling 200 MW to Airbus sites in Germany and the United Kingdom. This supply, commencing in 2027 and extending into the next decade, will cover half of the electricity needs for these sites with a baseload profile. These agreements, which leverage TotalEnergies' integrated power portfolio, are expected to positively impact the profitability of its electricity business and support Airbus's decarbonization goals.

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