The transaction, which accounts for both assets and debt, targets three specific solar projects currently under development. These sites are slated to begin commercial operations by the first quarter of 2027. TotalEnergies confirmed that the power generated from these facilities is already spoken for, with the company managing the marketing and sales of the electricity output. This latest expansion builds upon the collaborative infrastructure established by the two firms in 2025, signaling a sustained commitment to scaling their combined renewable footprint in the United States.
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TotalEnergies and KKR Expand Solar Portfolio in $1.2 Billion Deal
A fresh $1.2 billion injection into the renewable sector sees TotalEnergies and KKR snapping up 700 megawatts of solar capacity across Texas and Ohio. This move deepens the partnership between the French energy giant and the private-equity firm, bolstering a joint portfolio that already spans 1.4 gigawatts.
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