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Total Energies buys renewables aggregator Quadra

Richard Heap
October 27, 2023

Total Energies has agreed to buy German renewables aggregator Quadra Energy from the Aloys Wobben Foundation, which owns turbine maker Enercon.

Quadra buys electricity from around 5,000 wind and solar plants totalling 9GW in Germany, and then sells the power on the wholesale market and directly to customers. The deal enables Total Energies to expand its presence in Germany.

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