Bujagali hydropower project

Scatec sells African hydroelectric power venture stake to TotalEnergies


Issue 522 - 04 Mar 2025 - By Marc Howard | 1 minute read

TotalEnergies has bought a 51% stake in an Africa-focused hydroelectric power venture from Scatec. The deal confirms Scatec’s refocus on core technologies and markets and TotalEnergies’ burgeoning investments in large African hydro plays.

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