TotalEnergies Announces Final Investment Decision on $1.2 Billion Wind Power Project in Kazakhstan
TotalEnergies SE (TTE) has announced a final investment decision on a $1.2 billion wind power project in Kazakhstan, despite ongoing legal challenges. The project includes a 1 GW onshore wind farm and a 600 MWh battery storage system, expected to supply 1 million people over 25 years. TotalEnergies holds a 60% stake, with KazMunayGas and Samruk Energy each owning 20%.
Tickers: $TTE
Topics: Kazakhstan project investment renewable energy TotalEnergies wind power