TotalEnergies buys £5.1bn stake in Czech tycoon’s power plants business

November 17, 2025 2

Daniel Křetínský to become a major shareholder in French oil company as part of deal creating 50/50 joint venture

The Czech billionaire Daniel Křetínský is to become one of the largest shareholders in TotalEnergies after selling a stake in his electricity generation business, which includes several UK power plants, to the French oil company.

Křetínský, whose companies own stakes in Royal Mail and West Ham United football club, agreed to sell a 50% stake in his stable of European power plants to TotalEnergies for about €5.1bn ($5.9bn) in exchange for about 4.1% of Total’s share capital.

Source: www.theguardian.com

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Written by: truelightfm

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Ukraine to buy 100 fighter jets from France in bid to create ‘one of the greatest’ air defences in the world

Ukrainian President Volodymyr Zelenskyy has signed a letter of intent with France to obtain 100 Rafale fighter jets as he seeks to bolster the country's long-term air defence capacity against Russia.Source: feeds.skynews.comRead full article

November 17, 2025