KKR to Fabricate a 50% Stake in a Portfolio of Developed Renewable Assets from TotalEnergies Across Europe

PARIS & LONDON–(BUSINESS WIRE)–Aug 3, 2026–

According to its renewables industry mannequin, TotalEnergies has signed an agreement with an insurance tale managed by KKR, a world leading investment firm, for the sale of a 50% stake in an already largely developed 1.2 GW onshore solar and wind asset portfolio in Europe. The portfolio’s mission worth portions to €1.8 billion.

The transaction covers a portfolio of property in Germany, Spain, France and Poland. The electricity produced by these property is already bought to third parties or shall be marketed by TotalEnergies.

“This investment displays our conviction in the prolonged-timeframe fundamentals supporting Europe’s renewable vitality sector and the necessary role infrastructure will continue to play in the vitality transition,” saidVincent Policard, Co-Head of European Infrastructure at KKR. “We’re chuffed to complete this original transaction with TotalEnergies and to further personal larger our investments in Europe.”

TotalEnergies will deal with a 50% stake in the property and continue to operate them after completion of the transaction, which is anticipated in 2026 and self-discipline to former conditions.

About KKR

KKR is a leading global investment firm that presents different asset administration besides capital markets and insurance alternate choices. KKR goals to generate shapely investment returns by following a affected person and disciplined investment methodology, the utilization of world-class folks, and supporting increase in its portfolio companies and communities. KKR sponsors investment funds that make investments in non-public equity, credit ranking and valid property and has strategic companions that organize hedge funds. KKR’s insurance subsidiaries provide retirement, life and reinsurance merchandise below the administration of Worldwide Atlantic Monetary Crew. References to KKR’s investments might per chance per chance perchance consist of the actions of its subsidized funds and insurance subsidiaries. For more data about KKR & Co. Inc. (NYSE: KKR), please refer to KKR’s web teach material at www.kkr.com. For more data about Worldwide Atlantic Monetary Crew, please refer to Worldwide Atlantic Monetary Crew’s web teach material at www.globalatlantic.com.

About TotalEnergies

TotalEnergies is a world integrated vitality company that produces and markets energies: oil and biofuels, pure gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 staff are committed to present as many folk as conceivable with vitality that is more legit, more affordable and more sustainable. Tantalizing in about 120 countries, TotalEnergies locations sustainability on the coronary heart of its approach, its projects and its operations.

TotalEnergies and electricity

TotalEnergies is building a aggressive portfolio that mixes renewables (solar, onshore wind, offshore wind) and versatile property (CCGT, storage) to lift clear firm energy to its prospects. By the end of June 2026, TotalEnergies holds more than 37 GW of nasty renewable energy generation ability and goals to assemble over 100 TWh of gain electricity production by 2030.

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CONTACT: KKR Media ContactsInternational

Julia Leeger |[email protected]

Juliette Laurent |[email protected] Contacts

Media Members of the family: +33 (0)1 47 44 46 ninety 9 |[email protected]|@TotalEnergiesPR

Investor Members of the family: +33 (0)1 47 44 46 46 |[email protected]

KEYWORD: EUROPE IRELAND UNITED KINGDOM FRANCE

INDUSTRY KEYWORD: PROFESSIONAL SERVICES UTILITIES OIL/GAS INSURANCE ALTERNATIVE ENERGY ENERGY ASSET MANAGEMENT

SOURCE: KKR and TotalEnergies

Copyright Trade Wire 2026.

PUB: 08/03/2026 03:20 AM/DISC: 08/03/2026 03:21 AM

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