{"id":61123,"date":"2026-08-04T03:53:37","date_gmt":"2026-08-04T03:53:37","guid":{"rendered":"https:\/\/www.europesays.com\/france\/61123\/"},"modified":"2026-08-04T03:53:37","modified_gmt":"2026-08-04T03:53:37","slug":"kkr-to-acquire-50-stake-in-e1-8b-renewables-portfolio","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/france\/61123\/","title":{"rendered":"KKR to Acquire 50% Stake in \u20ac1.8B Renewables Portfolio"},"content":{"rendered":"<p>&#13;<br \/>\n    &#13;<br \/>\n&#13;<\/p>\n<p>  Key Terms<\/p>\n<p>    &#13;<br \/>\n      &#13;<br \/>\n        enterprise value&#13;<br \/>\n        &#13;<br \/>\n        financial&#13;<br \/>\n        &#13;<br \/>\n      &#13;<\/p>\n<p>Enterprise value is the total worth of a company, reflecting what it would cost to buy the entire business. It includes the company&#8217;s market value plus any debts, minus its cash holdings, offering a comprehensive picture of its true value. Investors use it to compare companies regardless of their capital structures, helping them assess how much they would need to pay to acquire the business.<\/p>\n<p>      &#13;<\/p>\n<p>    &#13;<br \/>\n      &#13;<br \/>\n        ccgt&#13;<br \/>\n        &#13;<br \/>\n        technical&#13;<br \/>\n        &#13;<br \/>\n      &#13;<\/p>\n<p>A CCGT, or combined-cycle gas turbine, is a type of power plant that generates electricity by burning natural gas in a turbine and then using the waste heat to run a secondary steam turbine\u2014like a car that reuses exhaust heat to squeeze out extra mileage. Investors care because CCGTs are relatively efficient, flexible and lower\u2011emission than older plants, so their operating costs, fuel price sensitivity and permitting or carbon rules can materially affect power company revenues and asset values.<\/p>\n<p>      &#13;<\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n    &#13;<br \/>\n    &#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>  <img decoding=\"async\" class=\"ps-bar__icon\" src=\"https:\/\/static.stocktitan.net\/img\/icons\/Google_News_icon.svg\" width=\"24\" height=\"24\" alt=\"\" loading=\"lazy\" aria-hidden=\"true\"\/><\/p>\n<p>&#13;<br \/>\n    &#13;<br \/>\n    See more from StockTitan in Google Search and AI answers.&#13;<br \/>\n    Adds StockTitan as a preferred source \u00b7 opens Google&#13;\n  <\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n    &#13;<br \/>\n    &#13;<br \/>\n&#13;<br \/>\n    &#13;<br \/>\n      08\/03\/2026 &#8211; 03:20 AM&#13;<br \/>\n    &#13;<br \/>\n&#13;<\/p>\n<p>    PARIS &amp; LONDON&#8211;(BUSINESS WIRE)&#8211;<br \/>\nIn line with its renewables business model, TotalEnergies has signed an agreement with an insurance account managed by <a href=\"https:\/\/www.stocktitan.net\/overview\/KKR\/\" title=\"View KKR stock overview\" class=\"symbol-link\" rel=\"nofollow noopener\" target=\"_blank\">KKR<\/a>, a global 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\u2019s enterprise value amounts to \u20ac1.8 billion.<\/p>\n<p>\nThe transaction covers a portfolio of assets in Germany, Spain, France and Poland. The electricity produced by these assets is already sold to third parties or will be marketed by TotalEnergies.<\/p>\n<p>\n\u201cThis investment reflects our conviction in the long-term fundamentals supporting Europe&#8217;s renewable energy sector and the critical role infrastructure will continue to play in the energy transition,&#8221; said Vincent Policard, Co-Head of European Infrastructure at KKR. &#8220;We are pleased to complete this new transaction with TotalEnergies and to further expand our investments in Europe.&#8221;<\/p>\n<p>\nTotalEnergies will retain a 50% stake in the assets and continue to operate them after completion of the transaction, which is expected in 2026 and subject to customary conditions.<\/p>\n<p>\nAbout KKR<\/p>\n<p>\n<a href=\"https:\/\/www.stocktitan.net\/overview\/KKR\/\" title=\"View KKR stock overview\" class=\"symbol-link\" rel=\"nofollow noopener\" target=\"_blank\">KKR<\/a> is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. <a href=\"https:\/\/www.stocktitan.net\/overview\/KKR\/\" title=\"View KKR stock overview\" class=\"symbol-link\" rel=\"nofollow noopener\" target=\"_blank\">KKR<\/a> aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR\u2019s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR\u2019s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR &amp; Co. Inc. (NYSE: KKR), please visit KKR\u2019s website at <a rel=\"nofollow noopener\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kkr.com%2F&amp;esheet=54581767&amp;newsitemid=20260802134675&amp;lan=en-US&amp;anchor=www.kkr.com&amp;index=1&amp;md5=4e441a287779cf4d5adabf4a43fe51d1\" shape=\"rect\" target=\"_blank\">www.kkr.com<\/a>. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group\u2019s website at <a rel=\"nofollow noopener\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.globalatlantic.com%2F&amp;esheet=54581767&amp;newsitemid=20260802134675&amp;lan=en-US&amp;anchor=www.globalatlantic.com&amp;index=2&amp;md5=c1ac104e7a7a0e09d7406001b7aade67\" shape=\"rect\" target=\"_blank\">www.globalatlantic.com<\/a>.<\/p>\n<p>\nAbout TotalEnergies<\/p>\n<p>\nTotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.<\/p>\n<p>\nTotalEnergies and electricity<\/p>\n<p>\nTotalEnergies is building a competitive portfolio that combines renewables (solar, onshore wind, offshore wind) and flexible assets (CCGT, storage) to deliver clean firm power to its customers. By the end of June 2026, TotalEnergies holds more than 37 GW of gross renewable power generation capacity and aims to achieve over 100 TWh of net electricity production by 2030.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260802134675r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\"\/><\/p>\n<p id=\"mmgallerylink\">View source version on businesswire.com: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260802134675\/en\/\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.businesswire.com\/news\/home\/20260802134675\/en\/<\/a><\/p>\n<p>\nKKR Media Contacts<\/p>\n<p>\nInternational<br \/>\n<br \/>Julia Leeger | <a rel=\"nofollow noopener\" href=\"https:\/\/www.stocktitan.net\/news\/KKR\/mailto:media@kkr.com\" shape=\"rect\" target=\"_blank\">media@kkr.com<\/a><\/p>\n<p>\nFrance<br \/>\n<br \/>Juliette Laurent | <a rel=\"nofollow noopener\" href=\"https:\/\/www.stocktitan.net\/news\/KKR\/mailto:kkrfrance@plead.fr\" shape=\"rect\" target=\"_blank\">kkrfrance@plead.fr<\/a><\/p>\n<p>\nTotalEnergies Contacts<br \/>\n<br \/>Media Relations: +33 (0)1 47 44 46 99 | <a rel=\"nofollow noopener\" href=\"https:\/\/www.stocktitan.net\/news\/KKR\/mailto:presse@totalenergies.com\" shape=\"rect\" target=\"_blank\">presse@totalenergies.com<\/a> | <a rel=\"nofollow noopener\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FTotalEnergiesPR&amp;esheet=54581767&amp;newsitemid=20260802134675&amp;lan=en-US&amp;anchor=%40TotalEnergiesPR&amp;index=3&amp;md5=a802451c4649e6de721162ad475159ce\" shape=\"rect\" target=\"_blank\">@TotalEnergiesPR<br \/>\n<\/a><br \/>Investor Relations: +33 (0)1 47 44 46 46 | <a rel=\"nofollow noopener\" href=\"https:\/\/www.stocktitan.net\/news\/KKR\/mailto:ir@totalenergies.com\" shape=\"rect\" target=\"_blank\">ir@totalenergies.com<\/a><\/p>\n<p>Source: KKR and TotalEnergies<\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n    &#13;<br \/>\n&#13;<br \/>\n  <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"&#13; &#13; &#13; Key Terms &#13; &#13; enterprise value&#13; &#13; financial&#13; &#13; &#13; Enterprise value is the total&hellip;\n","protected":false},"author":2,"featured_media":61124,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12699],"tags":[37942,13383,26159,37941,19731,1535,37715,5726],"class_list":["post-61123","post","type-post","status-publish","format-standard","has-post-thumbnail","category-totalenergies","tag-1-2-gw-portfolio","tag-acquisition","tag-kkr","tag-kkr-ticker","tag-onshore-wind","tag-renewable-energy","tag-solar-assets","tag-totalenergies"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/61123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=61123"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/61123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/61124"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=61123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=61123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=61123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}