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TotalEnergies and Sempra are expanding their North American strategic alliance with the signing of a Memorandum of Understanding (MoU) for the co-development of several onshore and offshore renewables projects. 
 
The MoU provides for the co-development of several renewable energy projects in North America, including:
 
  • Sempra’s potential acquisition of 30% of TotalEnergies’ equity interest in an offshore wind project off the coast of California that is preparing for an upcoming auction. 
  • TotalEnergies’ potential acquisition of 30% of Sempra’s equity interest in certain onshore renewable projects under development along the Mexico-US border.
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