TotalEnergies locks in 10-yr clean power deal with SWM

By: ICN Bureau

Last updated : January 29, 2026 8:03 am



The contract, which begins in January 2026, covers a total volume of 800 GWh and will supply clean power to Papeteries de Saint Girons, PDM Industries, and LTR Industries


Energy giant TotalEnergies and paper industry heavyweight SWM have signed a 10-year agreement to supply renewable electricity with a constant delivery profile to three of SWM’s French plants. This marks a major step in the group’s decarbonization strategy.
 
The contract, which begins in January 2026, covers a total volume of 800 GWh and will supply clean power to Papeteries de Saint Girons, PDM Industries, and LTR Industries. Electricity will be delivered through TotalEnergies’ “Clean Firm Power” solution, designed to provide stable, round-the-clock renewable energy tailored to industrial demand.
 
TotalEnergies will source the electricity from around 50 MW of its existing renewable generation assets in France, offering SWM a long-term supply of competitive, low-carbon power aligned with the operational requirements of the paper industry.
 
“We are delighted to support SWM in its decarbonization efforts and pursuit of competitiveness through our ‘clean firm power’ solutions. This contract illustrates TotalEnergies’ ability to offer tailor-made solutions adapted to the specific needs of our industrial customers in France. 
 
"These solutions are based on our integrated production portfolio combining both renewable and flexible assets,” said Sophie Chevalier, Senior Vice President Flexible Power & Integration at TotalEnergies.
 
For SWM, the agreement will secure roughly half of its French electricity consumption from renewable sources for the next decade, strengthening both its environmental and economic positioning.
 
“This agreement secures half of our French electricity needs from renewable sources for the next decade, a decisive step toward our commitment to significantly reduce Scope 1 and 2 emissions by 2033. 
 
"For an energy-intensive industry like ours, this isn't just an environmental milestone; it's a strategic investment that gives us cost predictability and strengthens our ability to offer customers genuinely sustainable solutions,” stated Giuliano Scilio, Vice President & CIO at SWM.

TotalEnergies paper industry SWM clean power Papeteries de Saint Girons PDM Industries LTR Industries

First Published : January 29, 2026 12:00 am