Real Assets
TotalEnergies (NYSE:TTE) is close to reaching a deal to purchase a fleet of natural gas-fired power plants in Texas for several hundred million dollars, as the French company looks to expand in the U.S. market, Bloomberg reported Friday. The deal for independent power producer TexGen Power's 2.3 GW portfolio, which provides capacity equivalent to more than two nuclear reactors, could be announced as soon as next week, according to the report.