TotalEnergies & Allianz lock in €440m debt for 800MW German battery portfolio

13 July, 2026

Battery StorageNewsFinancial Close
TotalEnergies subsidiary Kyon Energy, in partnership with Allianz Global Investors, has secured €440 million in project-financed debt to fund the construction of a 789MW battery energy storage system (BESS) portfolio in Germany.

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