Renewables: TotalEnergies Divests 50% of 1.4 GW Solar Portfolio in North America

Core Insights - TotalEnergies has signed an agreement with KKR for the sale of 50% of a 1.4 GW solar portfolio in North America, aligning with its renewables business model [1] - The transaction values the solar portfolio at an enterprise value of $1.25 billion, indicating a significant investment in renewable energy [1] - TotalEnergies is also finalizing bank refinancing, which will further enhance its financial position [1]