TotalEnergies and KKR Close $1.2B Deal Adding 700MW Solar to JV

TotalEnergies and KKR have closed a $1.2 billion transaction to add 700 MW of solar assets to their joint renewable energy venture. This continues the established pattern of major energy firms partnering with private equity to expand renewable portfolios. The deal signals continued capital deployment into solar infrastructure, though the specific geographic location of the assets is not disclosed.