The deal covers three solar assets in Texas and Ohio and is expected to close in 2026.
TotalEnergies and KKR have agreed to add 700 MW of renewable capacity to their US joint venture. The portfolio has an enterprise value of $1.2 billion.
Author: Робот Source: France’s TotalEnergies
TotalEnergies and KKR have signed an agreement to add 700 MW to their 50/50 joint venture in the United States. Created in 2025, the venture currently holds 1.4 GW.
The transaction covers three utility-scale solar assets in Texas and Ohio. They are expected to reach commercial operation by the first quarter of 2027.
Electricity from the assets has already been sold to third parties or will be marketed by TotalEnergies. The portfolio has an enterprise value of $1.2 billion.
The transaction is expected to close in 2026, subject to customary conditions. TotalEnergies will continue to operate the assets after completion.
Source: France’s TotalEnergies
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