TotalEnergies and KKR Add 700 MW of U.S. Solar to JV
The 50/50 joint venture reflects a $1.2 billion enterprise value. Projects in Texas and Ohio are expected online by Q1 2027; completion is expected in 2026, subject to conditions.
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The 50/50 joint venture reflects a $1.2 billion enterprise value. Projects in Texas and Ohio are expected online by Q1 2027; completion is expected in 2026, subject to conditions.
The companies signed an agreement to add 700 MW to their 50/50 U.S. joint venture, which currently holds 1.4 GW.
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.
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.