TotalEnergies announced on May 14, 2025, that it has signed an agreement with Norwegian investment company HitecVision to sell 50% of Polish biogas producer Polska Grupa Biogazowa (PGB). This transaction is part of TotalEnergies' ongoing portfolio management.
The divestment allows TotalEnergies to optimize its asset base and reallocate capital to other strategic growth areas within its multi-energy portfolio. PGB is a significant player in the Polish biogas market.
For investors, this sale demonstrates TotalEnergies' disciplined approach to capital recycling, ensuring that its investments are aligned with its long-term strategic objectives. It reflects the company's continuous efforts to refine its energy transition assets.
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