TotalEnergies booked a $700 million impairment in the fourth quarter of 2025, with the company linking the charge mainly to offshore wind activity.

At the same time, net power production from solar, wind and hydro increased year on year, rising to 8.1 TWh from 6.5 TWh, according to the results.

The renewables portfolio also expanded, up 2% to 19 GW.

Total impairments for the quarter were $900 million. The results said $200 million of that figure was tied to inventory valuation-related impacts.

In its Q4 2025 disclosure, TotalEnergies said the impairment was “in particular” connected to offshore wind activity within the Integrated Power segment. No additional detail on the charge was provided in the results statement.

The company has been contacted for comment.