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REG-TotalEnergies SE United States: TotalEnergies Expands its Joint Venture with KKR with the Addition of a 700 MW Renewables Portfolio

Business Wire•12/10/2026•02:44 ET
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Key Highlights

  • ➤$1.2 billion enterprise value for three utility-scale solar assets
  • ➤700 MW added to TotalEnergies-KKR’s 50/50 U.S. joint venture
  • ➤Joint venture portfolio expands to 2.1 GW after transaction
  • ➤Assets in Texas and Ohio expected operational by Q1 2027
  • ➤Transaction expected to close in 2026, subject to customary conditions

United States: TotalEnergies Expands its Joint Venture with KKR with the Addition of a 700 MW Renewables Portfolio

TotalEnergies and KKR, a leading global investment firm, today announced the signing of an agreement to add 700 MW to the 50/50 Joint-Venture (JV) they created in the U.S. in 2025, which currently holds 1.4 GW.

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