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TotalEnergies sells 50% of North American solar assets for $950 million

TotalEnergies will transfer half of a 1.4 gigawatt solar portfolio to KKR, strengthening its position in the North American power market while securing $950 million through the sale and bank refinancing.

TotalEnergies sells 50% of North American solar assets for $950 million

CountriesFrance, États-Unis
CompaniesTotalEnergies
SectorÉnergie Solaire, Photovoltaïque
ThemeDéveloppement de projets, Annonce

TotalEnergies announced the sale of 50% of its North American solar portfolio to investment firm KKR & Co Inc., in a transaction valued at $950 million. The deal includes six utility-scale solar projects and forty-one distributed generation assets, located mainly in the United States.

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Énergie Solaire