TotalEnergies signs 15-year French renewable power deal with STMicroelectronics
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TotalEnergies has entered a 15-year agreement to supply 1.5 terawatt hours of renewable electricity to STMicroelectronics for its operations in France.
January 28, 2025 | 2:45 pm
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POSITIVE IMPACT
STMicroelectronics will receive 1.5 terawatt hours of renewable electricity from TotalEnergies, supporting its sustainability goals.
The agreement aligns with STMicroelectronics' sustainability objectives, potentially enhancing its reputation and operational efficiency.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
TotalEnergies has secured a long-term contract to supply renewable energy to STMicroelectronics, enhancing its renewable energy portfolio.
The deal strengthens TotalEnergies' position in the renewable energy sector, potentially improving its market perception and stock value.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80