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flag TotalEnergies sells half its North American solar assets to KKR for $950 million, keeping 50% ownership and using proceeds to advance renewables.

flag TotalEnergies has agreed to sell a 50% stake in its North American solar portfolio to KKR for $950 million, with the deal valued at $1.25 billion including debt. flag The portfolio includes 1.4 gigawatts of solar capacity—six utility-scale projects and 41 distributed generation facilities—primarily in the U.S., many already generating electricity. flag TotalEnergies will retain a 50% ownership and continue operating the assets, using the proceeds to support its renewable energy strategy and boost profitability in its Integrated Power business. flag The transaction reflects a broader shift toward strategic partnerships in clean energy infrastructure.

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