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TotalEnergies Partners With Global Infrastructure Partners in $1.8B African Infrastructure Deal

TotalEnergies Partners With Global Infrastructure Partners in $1.8B African Infrastructure Deal

MT newswireMT newswire2026/09/18 07:48
03:48 AM EDT, 09/18/2026 (MT Newswires) -- TotalEnergies (TTE) partnered with BlackRock-owned (BLK) Global Infrastructure Partners to manage its African oil and gas infrastructure assets, the energy major said Friday. Under the deal, GIP will invest $1.8 billion for a stake in some of TotalEnergies' midstream infrastructure assets in Africa, the company said. TotalEnergies will pay Global Infrastructure Partners a "throughput-based tariff" for up to 15 years, it said.
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