TotalEnergies, Baker Hughes, Technip Energies, Azimut and other investors have signed a preliminary agreement to invest in Zhero Europe to develop large-scale renewable energies projects in Europe and Africa spanning across renewable power generation, power interconnections and green molecules.
Zhero Europe was founded with the vision that large integrated projects, including generation from high-quality wind and solar resources, and captive long-distance exports, would be the most effective way to accelerate the energy transition in high-demand areas.
With this round of financing, Zhero Europe will advance the development of its project portfolio, leveraging the world-class expertise of its new investors.