TotalEnergies Acquires 1.5 GW Flexible Power Generation Capacity in Texas

1 minute read | November.16.2023

TotalEnergies has signed an agreement with TexGen, a U.S.-based company, to acquire for $635 million three gas-fired power plants with a total capacity of 1.5 GW in Texas.

The 1.5 GW additional flexible production capacity acquired by TotalEnergies will complement its renewable capacity in Texas – currently 2 GW gross installed, 2 GW under construction and more than 3 GW under development.

Orrick advised TotalEnergies.

Joe Roger, Bradford Gathright and Joe Lawlor led the Orrick team advising TotalEnergies. The team also included Molly Jergenson, John Narducci, Jamie Larkin, Jason Flaherty, Keith Tidwell, Darrell Thomas, Mason Harry, Sue Cowell, Zach Huey, Craig Falls, Kristin Petersen, Cory Lankford, Kayla Grant, Claudia Frost, Ryan Wooten, Michael Morehead, Patrick Kunkler, Jeanine McGuinness, Evgeniya Shakina, Mark Parris, Rebecca Harlow, Bob O'Connell, Bianca Ponziani, Matthew Coleman, Grace Lentz, John Donaleski, Mae Ji, Spencer Cohen, Kayla Southworth, Joanna Pak, Spencer Sinclair, Austin Himes and Arden Dion.


TotalEnergies News Release

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