EnBW plans to sell its US subsidiary to TotalEnergies
Energie Baden-Württemberg (EnBW), a German energy company, has announced plans to sell its US subsidiary EnBW North America, as well as its assets, to TotalEnergies. EnBW intends to focus on future offshore wind initiatives in the European market after selling the business to TotalEnergies. The deal’s financial terms have not been disclosed. As per the company statement, in the following months, EnBW plans to support TotalEnergies’ activities in the US.
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