TotalEnergies and KKR Add 700 MW of Solar Assets in $1.2 Billion Deal
The companies agreed to add three solar assets in Texas and Ohio to their renewable-energy joint venture. The deal includes debt and expands its portfolio from 1.4 gigawatts.
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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.
TotalEnergies and KKR Expand U.S. Joint Venture With 700 MW Portfolio
The companies signed an agreement to add 700 MW to their 50/50 U.S. joint venture, which currently holds 1.4 GW. The transaction covers three utility-scale solar assets in Texas.