Total Energies has acquired a minority stake in an ambitious project to link the UK grid with wind and solar farms in Morocco via subsea cables running along the west coasts of Europe and Africa. The French oil supermajor’s £20 million investment comes after Octopus Energy Group took a stake in the project last year as part of a partnership that could eventually see Octopus’ retail arm obtain offtake rights for the power imported to the UK.
Total Energies takes stake in project to link UK and Morocco
