Business Emerging Markets Energy Europe Headlines International Morocco

Xlinks: TotalEnergies Invests £20 Mln in Morocco-UK Power Project

The Xlinks Morocco-UK power project is gaining momentum as French oil giant TotalEnergies has injected £20 million in the ambitious green project, joining fellow investors Octopus Energy and Abu Dhabi National Energy Company (TAQA). The French supermajor has decided to back the Morocco-UK project after withdrawing from Algeria due to endless hurdles to investors and […]

Business Emerging Markets Energy Europe Headlines International Morocco

Abu Dhabi National Energy Company, Britain’s Octopus join Morocco-UK energy link

Abu Dhabi National Energy Company (TAQA) and Britain’s Octopus Energy Group have joined the Morocco-UK subsea energy interconnection project led by Xlinks. The two companies have invested 30 million pounds ($37.3 million). TAQA invested 25 million pounds and Octopus 5 billion, Xlinks said. “The huge potential of the Morocco – UK Power Project will help […]