KKR (KKR) Adds Solar Capacity Following JV Expansion While Fair Value Stays In Focus

TotalEnergies and KKR (KKR) have agreed to fold an extra 700 MW of U.S. solar capacity into their existing 50/50 joint venture, a move investors may watch closely. For KKR, this solar JV move lands at a tricky moment for the ticker, with the share price at US$91.51 after a 1-day share price gain of 0.6% but a 30-day share price decline of 9.5% and a year-to-date share price drop of 29%. Over a longer stretch, momentum is mixed, with the 1-year total shareholder return down 23.5% even as the...