Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Total SE    FP   FR0000120271

TOTAL SE

(FP)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 10/28 05:33:03 am
25.123 EUR   -4.06%
04:50aTotal SE Makes Gas Condensate Discovery in South Africa
DJ
03:46aSOUTH AFRICA : Total Makes Second Significant Gas Condensate Discovery
DJ
03:36aCLEAN MARINE FUELS : Total Charters Four New LNG-powered Vessels
DJ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

India : Total Strengthens Its Partnership With Adani in Renewable Energies

share with twitter share with LinkedIn share with facebook
10/15/2020 | 04:10am EDT

Regulatory News:

In April 2020, Total (Paris:FP) (LSE:TTA) (NYSE:TOT) and AGEL, a renewable energy subsidiary of the Adani Group, formed a JV to which AGEL contributed a portfolio of 2.1 GW of solar power plants. As part of an option provided for in the initial contract for the formation of the JV, Total and AGEL agreed to extend this portfolio from 2.1 to 2.3 GW with the addition of new solar farms.

" With an ambitious target of 175 GW of installed capacity by 2022, India is a strong growth area for renewable energy. Since last year, the Group has strengthened its commitment in India with around 5 GW of solar projects in the country, in line with its ambition to become a world leader in renewable energies. We are very pleased to further expand our partnership with the Adani Group," said Patrick Pouyanné, Chairman and CEO of Total.

This transaction is in line with the Group's objective of double-digit return on equity for renewable projects.

Total, renewables and electricity

As part of its ambition to get to net zero by 2050, Total is building a portfolio of activities in electricity, renewable in particular, that could account for up to 40% of its sales by 2050. By the end of 2020, Total's gross power generation capacity worldwide will be around 12 gigawatts, including about 7 gigawatts of renewable energy. With the objective of reaching 35 GW of production capacity from renewable sources by 2025, Total will continue to expand its business to become one of the world leaders in renewable energies.

About Adani Green Energy Limited

Adani Green Energy Limited (AGEL), a part of the Adani Group, has 14 GW of operating, under-construction and awarded renewable power projects catering to investment-grade counterparties. AGEL has been ranked as the #1 global solar power generation asset owner by Mercom Capital. The company aims to achieve 25 GW of renewable power by 2025 and is committed to contribute to India's COP21 goals.

About Total

Total is a broad energy company that produces and markets fuels, natural gas and electricity. Our 100,000 employees are committed to better energy that is more affordable, more reliable, cleaner and accessible to as many people as possible. Active in more than 130 countries, our ambition is to become the responsible energy major.

Cautionary Note

This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TOTAL SE directly or indirectly owns investments are separate legal entities. TOTAL SE has no liability for their acts or omissions. In this document, the terms "Total", "Total Group" and Group are sometimes used for convenience. Likewise, the words "we", "us" and "our" may also be used to refer to subsidiaries in general or to those who work for them.This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TOTAL SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201014006088/en/

 
    CONTACT: Total 

Media Relations: +33 1 47 44 46 99 l presse@total.com l @TotalPress

Investor Relations: +44 (0)207 719 7962 l ir@total.com

 
    SOURCE: Total 
Copyright Business Wire 2020 
 

(END) Dow Jones Newswires

10-15-20 0310ET


Stocks mentioned in the article
ChangeLast1st jan.
TOTAL SE -3.95% 25.125 Real-time Quote.-46.78%
WTI -1.81% 38.115 Delayed Quote.-36.11%
share with twitter share with LinkedIn share with facebook
All news about TOTAL SE
04:50aTotal SE Makes Gas Condensate Discovery in South Africa
DJ
03:46aSOUTH AFRICA : Total Makes Second Significant Gas Condensate Discovery
DJ
03:36aCLEAN MARINE FUELS : Total Charters Four New LNG-powered Vessels
DJ
03:31aFrance's Total makes gas condensate discovery in South Africa
RE
03:31aSOUTH AFRICA : Total Makes Second Significant Gas Condensate Discovery
BU
03:21aCLEAN MARINE FUELS : Total Charters Four New LNG-powered Vessels
BU
10/27TOTAL : Electric Vehicle Charging, ChargeUp Europe, Voice of the Industry in Eur..
AQ
10/27TOTAL SE : quaterly earnings release
10/27LANZATECH, TOTAL AND L'ORÉAL ANNOUNC : the production of the first cosmetic plas..
PU
10/27Total Quadran Wins 67MWp of Solar Projects in France
DJ
More news
Financials (USD)
Sales 2020 122 B - -
Net income 2020 -6 468 M - -
Net Debt 2020 39 578 M - -
P/E ratio 2020 -12,7x
Yield 2020 10,1%
Capitalization 81 098 M 81 459 M -
EV / Sales 2020 0,99x
EV / Sales 2021 0,86x
Nbr of Employees 107 776
Free-Float 92,4%
Chart TOTAL SE
Duration : Period :
Total SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TOTAL SE
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 23
Average target price 48,67 $
Last Close Price 30,85 $
Spread / Highest target 86,5%
Spread / Average Target 57,7%
Spread / Lowest Target 1,72%
EPS Revisions
Managers
NameTitle
Patrick Pouyanné Chairman & Chief Executive Officer
Jean-Pierre Gerard Claude Sbraire Chief Financial Officer
Marie-Noelle Semeria Chief Technology Officer
Patrick Artus Independent Director
Marie-Christine Coisne-Roquette Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
TOTAL SE-46.78%81 459
SAUDI ARABIAN OIL COMPANY-2.13%1 817 504
PETROCHINA COMPANY LIMITED-42.20%105 414
ROYAL DUTCH SHELL PLC-60.63%94 825
GAZPROM-37.96%50 280
PETRÓLEO BRASILEIRO S.A. - PETROBRAS-34.13%46 901