TotalEnergies sells its GreenFlex affiliate to Oteis

TotalEnergies (TTE) and Oteis have signed a deal for the sale of TotalEnergies’ sustainable consultancy and solutions affiliate GreenFlex to Oteis. “Oteis intends to harness GreenFlex’s expertise in environmental and social consultancy, low-carbon energy performance and transition financing to establish a major new player with a full range of services and solutions on their markets,” the company said. Completion of the project is subject to the usual conditions, including the consultation of employee representatives and the authorization of the competition authorities.