KKR (KKR) Adds $1.2 Billion Solar Portfolio to Its U.S. Renewables Venture

KKR (NYSE:KKR) and TotalEnergies agreed to expand their U.S. renewables joint venture with a US$1.2b solar portfolio on 12 October 2026. The new deal adds 700 MW of utility-scale solar capacity, bringing the partnership's total U.S. renewable portfolio to about 2.1 GW. The expanded assets are structured within the existing KKR and TotalEnergies platform that focuses on utility-scale renewable power in the U.S. The US$1.2b solar portfolio addition is only part of the story, as KKR's wider...