TotalEnergies to Sell 50% of Its North American Solar Assets

TotalEnergies sells 50% stake in North American solar portfolio to KKR By Investing.com

TotalEnergies sells 50% stake in North American solar portfolio to KKR

TotalEnergies launches savings plan, cuts capex after rising debt worries investors

TotalEnergies will cut its annual capital expenditure by $1 billion, it said on Monday, as the French oil major sought to soothe investor fears over slow asset sales and rising debt at a meeting with investors in New York.

TotalEnergies sells US solar assets for $950 million to help cut debt

TotalEnergies to Sell 50% of Its North American Solar Assets

TotalEnergies has agreed to sell 50% of its solar projects portfolio in North America to global investment firm KKR for about $1 billion, as part of the French supermajor’s renewables strategy to divest half of its already operational assets. TotalEnergies is selling 50% of a portfolio of combined 1.4 gigawatts (GW) installed capacity in a transaction valuing said portfolio at $1.25 billion, the supermajor said on Monday. Thanks to the transacti…

TotalEnergies to sell 50% stake in North American solar portfolio (TTE:NYSE)

TotalEnergies (TTE) agreed to sell a 50% stake in a 1.4 GW North American solar portfolio to insurance vehicles and accounts managed by KKR (KKR), valuing the portfolio at $1.25 billion.

TotalEnergies to Sell Stake in North American Solar to KKR

TotalEnergies SE agreed to sell a stake in North American solar assets to KKR & Co. in a deal valuing the portfolio at $1.25 billion including debt.