Total Expands RE Portfolio Acquires Global Wind Power France

Total Quadran has announced that it has acquired 100 percent of Global Wind Power France, with a 1250 MW portfolio of onshore wind projects

Total continues its growth in renewable energy in France with a substantial investment in wind power. The conglomerate has now, through Total Quadran – its 100 percent renewable developer and producer in France, acquired 100 percent of Global Wind Power (GWP) France, a company with a 1000-megawatt (MW) portfolio of onshore wind projects, including 250 MW scheduled to come on stream by 2025.

“Following Vents d’Oc’ acquisition in 2019, this new investment demonstrates Total’s commitment to expand in all types of renewable energy while contributing to France’s energy transition goals. It strengthens Total Quadran’s footprint adding to its existing portfolio of nearly 1000 MW of installed and operated capacity, including over 500 MW of onshore wind and confirms its ambition to be one of the main players on France’s renewables market,” said Philippe Sauquet, President Gas, Renewables and Power at Total. 

GWP’s teams will join Total Quadran, adding to the Group’s existing expertise in order to speed up the wind power development in France.

Recently, the group had announced that it had signed an agreement with the developer Simply Blue Energy to acquire an 80 percent stake in the pioneering floating wind project Erebus located in the Celtic Sea, in Wales. The project will have a 96 MW capacity and will be installed in an area with a water depth of 70 meters.

As part of its ambition to become the responsible energy major, Total is building a portfolio of low-carbon electricity operations, with the objective of seeing them account for 15 to 20 percent of its sales mix by 2040. Today, Total’s gross low-carbon power generation capacity is close to 7 gigawatts, of which more than 3 gigawatts from renewable energy sources.

With over 5 GW of solar projects announced since the beginning of 2020, the Group is well on track to reach its objective of 25 GW of installed power generation capacity from renewable sources by 2025.