TotalEnergies Locks In Renewable Electricity Supply Deal With Saint-Gobain
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
TotalEnergies and Saint-Gobain Agreement: TotalEnergies SE has signed a Power Purchase Agreement to supply 875 GWh of renewable electricity to Saint-Gobain’s French facilities starting January 2026, aiming for 30% of the Group's electricity to come from renewable sources by 2027.
Company Growth Plans: TotalEnergies plans for a 4% annual global energy production growth through 2030, focusing on increasing LNG and integrating gas-to-power with renewables, while their stock is currently down 0.50%.
Analyst Views on MVPA
Wall Street analysts forecast MVPA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MVPA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
