TotalEnergies, Amazon form partnership on electricity supply and online strategy

  • 7/29/2021
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PARIS, July 29 (Reuters) - TotalEnergies (TTEF.PA) and Internet giant Amazon (AMZN.O) announced a collaboration, whereby French energy company would supply renewable electricity to the U.S. online retail giant, while Amazon would help TotalEnergies" digital strategy. The companies said on Thursday that TotalEnergies and Amazon had signed power purchase agreements for a commitment of 474 megawatts (MW) of renewable capacity in the United States and Europe, and expected to expand their cooperation in the Middle East and Asia Pacific. Amazon would also help TotalEnergies in areas such as moving more material to cloud computing services.

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