TotalEnergies Signs 800 GWh Renewable Electricity Deal with SWM

TotalEnergies and SWM, a leading paper industry supplier, signed a contract for renewable electricity supply with constant delivery profile (Clean Firm Power) to SWM's three French plants: Papeteries de Saint Girons, PDM Industries, and LTR Industries. The 10-year agreement starts January 2026, totaling 800 GWh from about 50 MW of TotalEnergies' existing French renewable assets, providing stable, low-carbon power suited to paper production needs.​

Sophie Chevalier, Senior Vice President Flexible Power & Integration at TotalEnergies, said: "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."​

Giuliano Scilio, Vice President & CIO at SWM, stated: "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."​

SWM International specializes in premium lightweight fiber-based solutions, including reconstituted botanicals for combustible, smokeless, heated tobacco, and oral products, plus applications in energy storage, filtration, and packaging. Headquartered in Luxembourg, it employs nearly 2,000 across Europe, the US, Latin America, and Asia.​

This deal joins TotalEnergies' contracts with Google, Data4, STMicroelectronics, Saint-Gobain, Air Liquide, Amazon, LyondellBasell, Merck, Microsoft, Orange, and Sasol, leveraging renewables and flexible assets. TotalEnergies targets 35 GW renewable capacity by end-2025 and over 100 TWh net production by 2030.​