Energy

TotalEnergies sells 50% stake in Polish biogas company to HitecVision

Photo caption: TotalEnergies logo

 

TotalEnergies has signed an agreement with Norwegian investment company HitecVision to sell 50% of Polish biogas producer Polska Grupa Biogazowa, the French oil major said on Wednesday.

The deal to sell half of PGB, which TotalEnergies acquired in 2023, has been given an enterprise value of 190 million euros ($213.6 million), the company said in a statement.

The transaction is subject to governmental and other regulatory approvals.

($1 = 0.8896 euros)

=== Reuters ===

 

 

 

 

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