# TotalEnergies and KKR sign deal for 700 MW US renewables portfolio > The signed agreement would add three solar assets in Texas and Ohio to a 50/50 venture, subject to closing conditions. - Canonical URL: https://newsverum.com/en/news/totalenergies-kkr-700mw-renewables-portfolio-us-2026 - Publisher: Newsverum - Section: Energy - Country: United States - Published: 2026-10-13T10:04:10+00:00 - Updated: 2026-10-13T10:04:10+00:00 - Event / data period: 2026-10-12 - Other editions: [Türkçe](https://newsverum.com/tr/news/totalenergies-kkr-700mw-renewables-portfolio-us-2026.md), [العربية](https://newsverum.com/ar/news/totalenergies-kkr-700mw-renewables-portfolio-us-2026.md), [Français](https://newsverum.com/fr/news/totalenergies-kkr-700mw-renewables-portfolio-us-2026.md), [Español](https://newsverum.com/es/news/totalenergies-kkr-700mw-renewables-portfolio-us-2026.md), [Deutsch](https://newsverum.com/de/news/totalenergies-kkr-700mw-renewables-portfolio-us-2026.md), [Português](https://newsverum.com/pt/news/totalenergies-kkr-700mw-renewables-portfolio-us-2026.md) TotalEnergies said on October 12 that it had signed an agreement with KKR to add three US solar assets with a combined capacity of 700 megawatts to their 50/50 renewable-energy joint venture. The assets are in Texas and Ohio. The company put the portfolio’s enterprise value at $1.2 billion and said the transaction would expand the venture, which currently has 1.4 gigawatts of renewable capacity. The agreement is not a report that the assets have transferred or that the added capacity is operating. TotalEnergies expects completion in 2026, subject to customary conditions, and said the projects are expected to be operational by the first quarter of 2027. The announcement describes a signed transaction and an expected timeline; it does not establish that construction or commercial operation has already occurred. ## Data ### Announced renewable portfolio terms Capacity and timing as stated in TotalEnergies’ signed-agreement announcement. Methodology: Company-reported terms; the transaction is not represented as closed and the capacity is not represented as operating. | Detail reported by source | |---| | Three solar assets in Texas and Ohio; 700 MW combined capacity; $1.2 billion enterprise value; completion expected in 2026 subject to conditions; projects expected operational by Q1 2027. | Sources: · Download data: [JSON](https://newsverum.com/api/v1/articles/totalenergies-kkr-700mw-renewables-portfolio-us-2026/data/source-reported-details?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/totalenergies-kkr-700mw-renewables-portfolio-us-2026/data/source-reported-details?lang=en&format=csv) ### Capacity and value stated for the transaction Company-stated portfolio capacity and valuation for a signed transaction that has not yet closed. Methodology: Capacity and enterprise value are transcribed from TotalEnergies; the capacity has not yet transferred or entered operation. | label | value | unit | period | basis | |---|---|---|---|---| | Solar assets in the agreement | 3 | count | 2026-10-12 | observed | | Combined capacity of assets in the agreement | 700 | MW | 2026-10-12 | observed | | Stated portfolio enterprise value | 1.2 | billion USD | 2026-10-12 | estimate | Sources: · Download data: [JSON](https://newsverum.com/api/v1/articles/totalenergies-kkr-700mw-renewables-portfolio-us-2026/data/announced-transaction-capacity-and-value?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/totalenergies-kkr-700mw-renewables-portfolio-us-2026/data/announced-transaction-capacity-and-value?lang=en&format=csv) ## Sources - [TotalEnergies US corporate announcement]() (Source checked: 2026-10-13; Published: 2026-10-12) --- Cite the canonical URL above. [Editorial standards and corrections](https://newsverum.com/en/editorial)