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Oct 12 (Reuters) – TotalEnergies said on Monday it is expanding its joint venture with KKR in the United States with an additional renewables portfolio valued at $1.2 billion.
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The deal covers three utility-scale solar assets in Texas and Ohio, adding 700 megawatts to the joint venture the companies created in 2025 that currently holds 1.4 gigawatts.
• The three solar assets are expected to reach commercial operation by the first quarter of 2027
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• Electricity from the assets is already sold to third parties or will be marketed by TotalEnergies
• TotalEnergies will continue to operate the assets after completion of the transaction, expected in 2026
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(Reporting by Dimitri Rhodes in Gdansk; Editing by Matt Scuffham)
Copyright Reuters or USA Today via Reuters Connect
This story was originally published October 12, 2026 at 12:23 AM.