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Home / Deal Tracker / TotalEnergies Acquires Stake in Two German Offshore Sites (4 GW)
Renewable Energy Offshore Wind Joint Venture Pending

TotalEnergies Acquires Stake in Two German Offshore Sites (4 GW)

Acquirer
TotalEnergies
Target
RWE Two German Offshore Sites (4 GW)
2024
Year
🇫🇷🇩🇪 France, Germany
Country
Joint Venture
Deal Type
$X.XB
Deal Value 🔒
Sector
Offshore Wind
Subsector
Offshore Wind
Industry
Renewable Energy
Date Added
May 9, 2026
Status
Pending
🔒

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TotalEnergies signed an agreement with RWE to acquire a 50% stake in two offshore wind projects in the North Sea. These two projects, N-9.1 (2 GW) and N-9.2 (2 GW), located 110 km off the German coast, were awarded to RWE in August 2024 and have 25-year licenses extendable to 35 years.