TotalEnergies expands US venture with KKR with 700 MW portfolio
TTE•TotalEnergies is expanding its US joint venture with KKR by adding a 700-megawatt renewables portfolio valued at $1.20 billion. TotalEnergies will continue operating the assets after the transaction closes.
1. Portfolio expansion
TotalEnergies said it is expanding its joint venture with KKR in the United States with the addition of a 700-megawatt renewables portfolio.
2. Transaction details
The portfolio has an enterprise value of $1.20 billion. TotalEnergies will continue to operate the assets after the transaction is completed.
