TotalEnergies Adds 700 MW of Solar to KKR JV for $1.2B EV
TotalEnergies agreed with KKR to add 700 MW of U.S. utility-scale solar assets in Texas and Ohio to their 50/50 joint venture, reflecting a $1.2 billion enterprise value. The assets are expected online by Q1 2027; closing is expected in 2026, subject to conditions. TotalEnergies will operate them.
S. 2B. The assets in TX and OH are expected to come online by Q1 2027. The transaction is expected to close in 2026, subject to conditions, and TotalEnergies will operate the assets.