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U.S. fund threatens to divest TotalEnergies stake over wind move, FT says

The New York State Common Retirement Fund, one of the largest U.S. pension funds, is re-evaluating its stake in TotalEnergies (TTE) following the oil major’s decision to accept $1B from Donald Trump’s administration to terminate two offshore wind leases and redirect investment into fossil fuels, Financial Times reported, citing a letter to Total CEO Patrick Pouyanne seen by the FT.

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