TotalEnergies sells 50% stake in 1.4 GW North American solar portfolio to KKR-managed vehicles
Type: Sale · Technology: Solar · Country: United States · Value: $1.25B · Announced: 2025-09-29
TotalEnergies signed an agreement to sell 50% of a 1.4 GW solar portfolio in North America to insurance vehicles and accounts managed by KKR for an enterprise value of $1.25 billion, receiving $950 million at closing alongside bank refinancing.
Counterparties
- KKR (insurance vehicles and accounts managed by KKR) (Buyer)
- TotalEnergies SE (Seller)
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