TotalEnergies SE has received significant votes of confidence from major investors. Czech billionaire Daniel Kretinsky announced his potential interest in increasing his holding in the French energy giant. Kretinsky's firm, EPH, currently holds approximately 4.2% of TotalEnergies, and he expressed that the position is "scalable."
Further bolstering investor sentiment, Norges Bank, Norway's central bank, has disclosed a new investment in TotalEnergies valued at roughly $1.92 billion, equating to about a 1.23% stake in the company. This major investment is part of a broader trend of strong institutional interest, with other large funds also recently increasing their positions in the energy company.