📈 Business
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Bloomberg
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TotalEnergies Signs 12-Year Nuclear Power Deal With EDF
Oil major TotalEnergies has signed a 12-year agreement to purchase nuclear power from Electricité de France (EDF) to supply its French refineries and chemical plants. The deal is part of TotalEnergies' broader strategy to diversify into cleaner energy sources.
Oil major TotalEnergies SE, which is diversifying into renewable and gas-fired electricity output, struck a 12-year deal to buy Electricite de France SA’s nuclear power to feed its French refineries and chemical sites.