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Home » News » TotalEnergies Sells Majority Stake in Climate Venture Capital Arm to Aster
Finance

TotalEnergies Sells Majority Stake in Climate Venture Capital Arm to Aster

By Philip BrooksJune 3, 20232 Mins Read
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Credit: Aster
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French energy company TotalEnergies has divested a significant portion of its climate venture capital (CVC) arm, TotalEnergies Ventures, to French VC firm Aster. This strategic move has allowed the French VC firm to establish a new fund exclusively dedicated to supporting and financing nearly 20 clean energy companies. The fund's diverse portfolio comprises minority stakes

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