The French energy company TotalEnergies SE is considering the possibility of selling a 50% stake in the portfolio of battery energy storage systems in Germany. This is reported by foreign media.
The assets are part of the structure of the German developer of energy storage systems Kyon Energy Solutions GmbH, which TotalEnergies acquired in 2024, paid an advance of 90 million euros or $104 million, taking into account subsequent phased payments.
The proposed deal is in line with TotalEnergies' strategy to profit from completed electric power projects in order to increase the profitability of green investments and may attract infrastructure funds.
In October 2025, TotalEnergies announced plans to establish a joint venture with a state-owned company to develop a network of charging stations in France, and in September signed an agreement to sell a 50% stake in North American solar energy assets to KKR & Co. for $1.25 billion, including debt obligations. In addition, TotalEnergies sold a 50% stake in a small portfolio of renewable energy sources in France.
Germany is increasing its electricity generation capacity, including energy storage systems, in an effort to reduce dependence on fossil fuels.
Kyon Energy Solutions GmbH is a German company developing battery energy storage systems. Since its establishment in 2021, Kyon Energy has developed projects with a capacity of 770 MW, of which 120 MW have already been launched in northern Germany. The headquarters is located in Munich (Germany).
TotalEnergies SE is a French multinational oil and gas company and one of the world's largest energy companies after Royal Dutch Shell, BritishPetroleum and ExxonMobil. TotalEnergie operates 3,000 service stations that serve 1 million customers and 6 million consumers of electricity and gas every day. The headquarters is located in Paris (France) with offices in 120 countries. The market capitalization is $131 billion.,
Read also in our Telegram channel "Mergers and acquisitions. AK&M»
