TotalEnergies Acquires 50% Stake in Clearway Energy Group (CEG) with Global Infrastructure Partners
May 25, 2022
TotalEnergies has signed agreements with Global Infrastructure Partners (GIP) to acquire a 50% stake in Clearway Energy Group (CEG), the fifth-largest U.S. renewable energy player. The deal is designed to expand TotalEnergies’ U.S. position in wind, solar, and storage, with Clearway contributing an operating portfolio and a large development pipeline.
- Buyers
- TotalEnergies, Global Infrastructure Partners (GIP)
- Targets
- Clearway Energy Group (CEG)
- Industry
- Energy
- Location
- United States
- Transaction Type
- Buyout
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