Danish Fields Storage

Maxeon Solar Technologies spinoff from SunPower; TZS $298M equity investment

SunPower (TotalEnergies-controlled) → TZS Tianjin Zhonghuan Semiconductor

$298M TZS equity

TotalEnergies-174 Power Global JV — 1.6 GW solar+storage pipeline (12 utility-scale projects in TX, NV, OR, WY, VA)

TotalEnergies + 174 Power Global (Hanwha) — 50/50 JV

1,600 MW

SunPower Commercial & Industrial Solutions division — C&I solar; ~100 MW/year capacity

SunPower Corporation (NASDAQ: SPWR) → TotalEnergies SE

$250M ($190M upfront + $60M ITC contingency)

REE Automotive — modular EV "REEcorner" platform for fleets

REE Automotive (NASDAQ: REE) → 10X Capital Venture + $300M PIPE

$3.1B combined value; >$500M proceeds (incl. $300M PIPE)

Microvast — Li-ion battery systems for EVs and energy storage (ultra-fast charging, high cycle life)

Microvast Inc. → Tuscan Holdings Corp.

$3B (pro forma equity)

WGL Holdings — Washington Gas Light + non-regulated power/marketing/midstream

AltaGas Ltd.

C$8.4B (~$6.4B USD; $88.25/share cash)