TotalEnergies to Spend 1 Bn Euros on Energy Efficiency

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    TotalEnergies, TTEF.PA, said it would spend 1 billion euros ($962.60 million) over the next two years to help businesses become more efficient in their use of energy at a time when Europe faces a serious energy crunch amid the war in Ukraine.

    “This will free an important volume as we are ourselves large energy users,” TotalEnergies Chairman and CEO Patrick Pouyanne told a Gas Industry Conference.

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