M&AAnnouncedSeptember 26, 2025

TotalEnergies North America solar portfolio — 1.3 GW utility-scale + 140 MW distributed generation across US

KKR acquires 50% stake in 1.4 GW North American solar portfolio from TotalEnergies. Six utility-scale assets (1.3 GW) and 41 distributed generation assets (140 MW). TotalEnergies retains 50% and continues to operate. KKR has committed $23B+ to energy transition investments.

$1.25B

Deal Value

1,400MW

Capacity

Solar

Technology

Multi-state

Location

Deal Details

Deal Type
Project
Seller / Sponsor
TotalEnergies
Buyer / Financier
KKR
Deal Value
$1.25B
Stage
Operating
ISO/RTO
Multiple

Related Deals

Get deals like this in your inbox

Free weekly clean energy deal intelligence. Every Monday.

← Back to Deal Database