REG-TotalEnergies SE United States: TotalEnergies Expands its Joint Venture with KKR with the Addition of a 700 MW Renewables Portfolio
TotalEnergies and KKR agreed to add a 700 MW portfolio of three utility-scale solar assets in Texas and Ohio to their 50/50 U.S. renewables joint venture. The transaction reflects an enterprise value of $1.2 billion, with the assets expected to reach commercial operation by Q1 2027 and close in 2026 subject to customary conditions.
Key figures
- Deal Value Usd
- $1.2 billion
- Capacity added mw
- 700
- Jv existing capacity gw
- 1.4
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