KKR•TotalEnergies is expanding its U.S. joint venture with KKR with a $1.2 billion renewables portfolio, adding three solar assets in Texas and Ohio with 700 megawatts of capacity.
The deal adds three utility-scale solar assets in Texas and Ohio to the joint venture, which was created in 2025 and currently holds 1.4 gigawatts. The assets are expected to reach commercial operation by the first quarter of 2027, and the transaction is expected to be completed in 2026. Electricity from the assets is already sold to third parties or will be marketed by TotalEnergies, which will continue operating them.
