Total targets electric future with €1.4bn deal to buy Direct Energie

Madeleine Cuff
clock • 2 min read

French oil major underscores strategy shift to electric with deal to purchase Paris-based utility

French oil major Total has announced plans to buy French utility Direct Energie, in the latest shake-up of an energy sector rapidly shifting its focus towards electricity. The deal will make Total the...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Cornish Metals launches £135m funding round to reopen UK tin mine

Cornish Metals launches £135m funding round to reopen UK tin mine

Funds will be used to reopen 400-year-old tin mine in support of national critical minerals strategy

clock 21 October 2026 • 2 min read
FCA sustainability labels improve trust in fund claims but usage remains low

FCA sustainability labels improve trust in fund claims but usage remains low

Michael Nelsen, Investment Week
clock 20 October 2026 • 3 min read
FCA has no plans for separate response to Advisers Sustainability Group open letter

FCA has no plans for separate response to Advisers Sustainability Group open letter

Investors express disappointment at response to calls for greater clarity on how to engage with sustainable investment

Michael Nelson, Investment Week
clock 16 October 2026 • 2 min read