The buy-in to United Wind, which installs, operates and maintains 10-100kW wind turbines for rural businesses and homes in the US, is designed to finance the company's expansion plans in the emerging distributed energy space.
"This latest investment strengthens TEV's participation in the distribution of renewable energy. It allows us to explore the interest in small-scale renewable energy solutions which can be connected to the grid and how these can be financed," states Total executive vice president for sustainable development and environment Jérôme Schmitt.
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