TotalEnergies and KKR signed an agreement to add a 700 MW solar portfolio to their US joint venture. The three Texas and Ohio assets carry a $1.2 billion enterprise value and are expected to reach commercial operation by Q1 2027. Completion is expected in 2026, subject to customary conditions.
TotalEnergies and KKR have agreed to add a 700-megawatt (MW) solar portfolio, expanding their presence in the renewable energy sector. The deal highlights continued investment in solar power as energy companies and financial investors seek to diversify electricity generation and SupportSupport is a price area where a decline has previously met enough buying interest or reduced selling pressure to slow, stop, or reverse downward movement. It is best treated as...Read More the energy transition. The portfolio’s development and integration will be key factors in determining its contribution to LongDefinition A long is a market position that benefits when the price of the asset or market rises. Taking this type of position is called going long. What Does Long Mean...Read More-term clean energy capacity.