TotalEnergies has signed a 10-year agreement to supply 800 gigawatt-hours (GWh) of renewable electricity to paper manufacturer SWM’s three sites in France, the energy major said.
Deliveries are due to begin in January 2026 and will be sourced from around 50 megawatts (MW) of TotalEnergies’ existing renewable generation assets in France. The company said the contract will provide competitive, stable and low-carbon electricity tailored to the requirements of the paper industry.
“We are delighted to support SWM in its decarbonization efforts and pursuit of competitiveness through our ‘clean firm power’ solutions,” Sophie Chevalier, senior vice president for flexible power and integration at TotalEnergies, said in a statement.
“This contract illustrates TotalEnergies’ ability to offer tailor-made solutions adapted to the specific needs of our industrial customers in France. These solutions are based on our integrated production portfolio combining both renewable and flexible assets,” she added.
SWM said the agreement will cover about half of its electricity consumption in France over the next decade, supporting its emissions reduction targets.
“This agreement secures half of our French electricity needs from renewable sources for the next decade, a decisive step toward our commitment to significantly reduce Scope 1 and 2 emissions by 2033,” Giuliano Scilio, vice president and chief information officer at SWM, said.
“For an energy-intensive industry like ours, this isn’t just an environmental milestone; it’s a strategic investment that gives us cost predictability and strengthens our ability to offer customers genuinely sustainable solutions,” he added.
