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The French energy giant posted adjusted earnings of $2.45 per share.
TotalEnergies completed the acquisition of a 50% stake in EPH's Western Europe power platform.
KEY POINTS
- Middle East conflicts caused a 15% production shutdown in Qatar, Iraq, and the UAE.
- The EPH deal makes TotalEnergies the second-largest flexible generation player, TTEP, in Western Europe.
- Integrated Power segment expects to add about 10 TWh net output in 2026 post-EPH deal.
COMPANIES
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