TotalEnergies Links AI Data Center Growth To Renewables Amid Namibia Hurdles

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• TotalEnergies signed its largest US renewable power purchase agreements with Google to supply 1 GW of solar power to Texas data centers over 15 years.

• The deals support Google’s growing AI data center power needs while aligning with TotalEnergies’ renewable energy ambitions.

• At the same time, the company is encountering regulatory resistance to its offshore expansion in Namibia.

TotalEnergies (ENXTPA:TTE), trading at €62.51, is adding fresh news to an already active period for the stock, which is up 13.4% over the past month and 11.4% year to date. The company’s move to lock in long term US solar contracts with a major tech customer comes alongside a 5 year return of 131.8%, a backdrop that many investors track when weighing energy transition efforts.

For you as an investor, these developments highlight how TotalEnergies is tying its renewable push directly to large scale, power hungry AI data centers while still pursuing offshore growth in new regions. The regulatory pushback in Namibia adds an extra layer of uncertainty to those expansion plans, and it is an area many will likely watch closely alongside the company’s progress in executing its long term power supply commitments.

Stay updated on the most important news stories for TotalEnergies by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on TotalEnergies.

📰 Beyond the headline: 1 risk and 3 things going right for TotalEnergies that every investor should see.

• ⚖️ Price vs Analyst Target: At €62.51, the share price is roughly in line with the €62.35 analyst price target.

• ✅ Simply Wall St Valuation: Simply Wall St flags the shares as undervalued, trading about 69.3% below its estimated fair value.

• ✅ Recent Momentum: The stock has delivered a 13.4% return over the past 30 days.

There is only one way to know the right time to buy, sell or hold TotalEnergies. Head to Simply Wall St’s company report for the latest analysis of TotalEnergies’s Fair Value.

• 📊 Long term solar deals with Google link TotalEnergies directly to AI driven data center demand in the US.

• 📊 You may want to watch execution on the 1 GW solar build out and any impact of Texas or US energy policy on these contracts.

• ⚠️ Regulatory resistance in Namibia is a reminder that offshore growth projects can face timing or scope changes.

For the full picture, including more risks and rewards, check out the complete TotalEnergies analysis. Alternatively, you can visit the community page for TotalEnergies to see how other investors believe this latest news will impact the company’s narrative.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include TTE.PA.

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