Renewables: totalenergies divests 50% of 1.4 gw solar portfolio in north america

Paris--(business wire)--totalenergies (paris:tte) (lse:tte) (nyse:tte) has signed an agreement with insurance vehicles and accounts managed by kkr, a leading global investment firm, for the sale of 50% of a 1.4 gw solar portfolio in north america. this transaction – which aligns with totalenergies' renewables business model – values the portfolio at an enterprise value of $1.25 billion. thanks to these transactions and the bank refinancing currently being finalized, totalenergies will receive a.
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