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Update: TotalEnergies Advances 1.5-GW, EUR4.5 Billion Wind Project in France

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Update: TotalEnergies Advances 1.5-GW, EUR4.5 Billion Wind Project in France

(Updates to add information)

French energy major TotalEnergies (TTE.PA, TTE.L) is moving forward with plans to develop a 1.5-gigawatt wind farm off the coast of Normandy, France, the largest renewables project in the country.

TotalEnergies said Thursday its wholly owned project company Centre Manche Energies submitted the application for single authorization of the project, which was initially awarded by the state in September 2025 to TotalEnergies and RWE (RWE.F). The German utility later exited the consortium.

The application includes technical and environmental studies, a preliminary design for the wind farm, and the proposed installation program. Once completed, the project is expected to produce six terawatt-hours of electricity annually, enough to power more than 1 million homes.

The three-year project is expected to require an investment of 4.5 billion euros and create 2,500 jobs during the construction phase. TotalEnergies said it plans to tap the local workforce, which possesses expertise in the offshore wind sector.

In addition, TotalEnergies plans to source wind turbines and electric cables from European suppliers, a move expected to provide further support to regional industry and manufacturing.

Centre Manche Energies will pursue consultations with local authorities, environmental groups, seafarers, and the public to ensure the project is integrated into the regional economy and community, TotalEnergies said.

TotalEnergies shares rose 4% in early trading in London, while the stock posted a modest gain in Paris.

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