Clifford Chance advises TotalEnergies on the acquisition of Shell’s onshore renewables business in Europe

Global law firm Clifford Chance has advised TotalEnergies on the acquisition of Shell’s onshore renewables business in Europe, including 500 MW of solar and wind assets in operation or under construction, mainly located in Italy and the Netherlands, and a 3.5 GW pipeline of solar, wind and battery storage projects in Italy, the United Kingdom and Spain.

This asset portfolio will be wholly owned by TotalEnergies upon completion of the transaction, which is expected by the end of 2026 and remains subject to approval by the relevant authorities.

The TotalEnergies team was led by Jérôme de Vulpillières (Direction Financière – Acquisitions, cessions), Vincent Bastien (Group Legal Senior Advisor M&A), Ji Yuan-Gouillart (Direction Financière, Departement Fiscalité Internationale), Alban d’Hautefeuille (M&A Sector Lead Renewables) and Benjamin Gillespie (M&A Gas Renewable & Power).

The cross-practice Clifford Chance team was led by Corporate Partners Steven Fox and Olivia Higgs, supported by Sophie Stratton (Senior Associate) and Lauren de Bruyn and Jimena Garrote (Associates) with sector specific support from partner Clare Burgess.

Tax advice was provided by Nicola Hemsley, Partner. Antitrust advice was provided by Jennifer Storey, Partner, Luciano Di Via, Partner and Chandralekha Ghosh, Counsel. Clifford Chance’s teams in Italy, the Netherlands and Spain were led respectively by Umberto Penco Salvi, Partner (Milan), Michele Bernardi, Senior Associate (Milan) and Alberto Nicastro (Milan), Liesbeth Buiter, Partner (Amsterdam) and Luis Alonso, Partner (Madrid). The wider team consisted of colleagues across Employment, Pensions and Incentives, including Amy Bird, Partner and Maria Toma, Senior Associate, Rebecca Trapp, Partner and Sonia Gilbert, Partner and, in respect of Administrative law, Antonella Scarciello, Senior Associate (Milan).