Deals
TotalEnergies Weighs Stake in Giant North Sea Wind Farm
- Dogger Bank wind farm is being developed by SSE, Equinor
- French oil major is pushing to build its low-carbon portfolio
Photographer: Soeren Bidstrup/AFP/Getty Images
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TotalEnergies SE is weighing taking a stake in what will be the world’s largest offshore wind farm, according to people familiar with the matter, as the French oil major continues to flex its green credentials.
Paris-listed TotalEnergies could buy a roughly 20% stake in the third phase of the Dogger Bank wind project in the North Sea, which is being developed by U.K.-listed SSE Plc and Norway’s Equinor ASA, the people said.