TotalEnergies
Tour Coupole, 2 place Jean Millier, Paris La Défense, Ile-de-France, 92078, France
Overview
TotalEnergies (formerly Total) is one of the world's major oil and gas groups, with activities in more than 130 countries. Its 93,000 employees put their expertise to work in every part of the industry — exploration and production of oil and natural gas, refining and marketing, gas & power and trading. Total is working to keep the world supplied with energy, both today and tomorrow. The Group is also a first rank player in chemicals. As an energy producer and provider, Total is striving to diversify its supply to help meet growing energy demand in the long term. The Group is notably investing and actively taking part in a number of renewable R&D projects, such as solar and biofuels. Total has been active in solar energy since 1983. Through its joint venture affiliates Tenesol and Photovoltech, Total has built strong expertise all along the photovoltaic solar power chain to make this technology more reliable, efficient and competitive. Tenesol is a leading French solar panel manufacturer with an industrial footprint in Toulouse (France) and Cape Town (South Africa). Total is also a large minority shareholder in US technology companies like Konarka, which develops products based on organic solar technologies, and AE Polysilicon, which specializes in a new solar polysilicon production technology. Total is a major energy operator, active in every segment of the oil and gas industry.
- Total investments
- 4
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 9
Sector focus
- Energy
- Manufacturing
- Oil and Gas
- Renewable Energy
- Solar
Investment portfolio
- NextDecade
Led · Equity · Aug 2025
NextDecade is a US liquefied natural gas developer focused on building export capacity at its Rio Grande LNG project in Texas. Its core work centers on constructing liquefaction trains to produce and export LNG. The company announced equity commitments of up to $3 billion from TotalEnergies and Global Infrastructure Partners to finance the project's fourth liquefaction train. The financing is targeted at expanding the Rio Grande LNG project's liquefaction capacity. The article does not report operating metrics such as revenue or production volumes. The announcement was reported by Reuters.
- Ampersand
Participated · Equity · Jan 2024
Ampersand operates a vertically integrated Battery-as-a-Service model for motorcycle taxi riders, combining proprietary battery packs, management software, and a network of battery-swap stations. The company manages over 8,000 batteries that power more than 6,000 electric motorcycles, enabling over 20,000 battery swaps daily and covering more than 900,000 km each day. Ampersand says its electric motorcycles can double a rider’s take-home earnings versus petrol models and outsell competitors by 9-to-1 in Kigali and 4-to-1 in Nairobi. It reports 99% of its batteries remain active after 18 months and a customer revenue retention rate exceeding 100%. The company aims to double its battery fleet by early 2026 and to expand its swap-station network across East Africa. Ampersand has reached profitability in Kenya and is collaborating with BYD to accelerate battery production and development. Ampersand assembles and finances electric motorcycles tailored to motorcycle taxi markets in East Africa. Founded in 2016 and based in Kigali, the company launched commercially in May 2019 and its fleet grew to over 1,000 members. By late 2024 it anticipates surpassing 10,000 members. Ampersand describes its made-in-Africa battery fleet as leading the world in cost per km and uptime for light-electric vehicles; its motorcycles are less expensive to purchase and operate than gasoline counterparts. The company raised $19.5M in a debt and equity financing to support operations, which also includes a $7.5M debt facility. Management says the funding will allow it to deliver thousands more electric motorcycles in the coming months as government e-mobility policies and the removal of fuel subsidies expand the addressable market.
- Xlinks
Participated · Equity · Nov 2023
Xlinks is developing the Morocco-UK Power Project to generate 11.5 GW of zero-carbon electricity from solar and wind and deliver 3.6 GW of reliable energy for an average of 19+ hours a day. The project couples large-scale generation with a 22.5 GWh/5 GW onsite battery to provide near-constant, flexible clean power to Great Britain. Electricity will be transmitted exclusively via approximately 3,800 km of HVDC subsea cables and is expected to supply enough power for over 7 million British homes and around 8% of Great Britain’s electricity once complete. The company aims to deliver low-cost, reliable renewable power by the end of the decade and to complement the UK grid’s existing renewables. Xlinks First Limited was founded in 2019 in the United Kingdom and is backed by strategic energy investors.
- Orbital Marine Power
Participated · Equity · Mar 2013
Orbital Marine Power designs, builds, and operates floating O2-class tidal-stream turbines engineered for harsh marine environments. Its technology platform is already producing power at the European Marine Energy Centre, and contracted deliveries will soon bring the fleet to six machines with a combined 14.4 MW capacity—enough to supply up to 18,000 homes. The company is advancing projects at multiple UK coastal sites, including Orkney and the Isle of Wight, while newly awarded licenses in Nova Scotia open a path to international expansion. Orbital emphasises UK domestic sourcing, projecting a £200 million industrial opportunity with roughly 70 percent of value flowing to local suppliers. Fresh capital will be used to scale manufacturing and accelerate global project development. By commercialising predictable tidal energy, the firm aims to position the UK as a global centre of excellence in this sector. Current backing from institutional investors and public agencies underpins its transition from demonstration to commercial rollout.