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Total, BP Sweep $14 Billion German Wind Auction

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Published:
Wed, Jul 12, 2023
Author
Noah Brenner, London
Business,People,Handshake,Over,Wind,Turbine,Solar,Panels,Deal,Agreement,Energy,Transition,Renewable
Blue Planet Studio/Shutterstock

European oil and gas majors BP and TotalEnergies splashed out €12.6 billion (about $14 billion) to secure the rights to develop all 7 gigawatts worth of offshore wind power projects offered in a German auction.

Topics:
Corporate Strategy , Renewable Electricity , Majors, Low-Carbon Policy
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