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
- ➤700 MW renewables portfolio added to TotalEnergies-KKR 50/50 U.S. joint venture
- ➤$1.2 billion enterprise value assigned to three utility-scale solar assets
- ➤Portfolio includes Texas and Ohio solar projects targeting Q1 2027 operations
- ➤Joint-venture holdings increase from 1.4 GW to 2.1 GW
- ➤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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