KKR-managed insurer buys 50% stake in TotalEnergies’ 1.2-GW European renewables portfolio for EUR 1.8 billion

• KKR agreed to buy a 50% stake in TotalEnergies’ 1.2 GW developed European onshore solar and wind portfolio.
• Portfolio enterprise value set at EUR 1.8 billion.
• Assets span Germany, Spain, France, Poland; power already sold to third parties or marketed by TotalEnergies.
• TotalEnergies to retain 50% stake, continue operating the assets; closing expected in 2026, subject to customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KKR & Co. Inc. published the original content used to generate this news brief on August 03, 2026, and is solely responsible for the information contained therein.