Core Viewpoint - TotalEnergies is selling 50% of its solar portfolio in North America for $950 million, aligning with its strategy to develop renewable projects and subsequently sell stakes to fund its natural gas investments [1][2]. Group 1: Sale Details - The company will receive $950 million from the sale to investment firm KKR and related bank refinancing [2]. - This sale is part of a broader strategy, with TotalEnergies expecting to generate $3.5 billion from disposals by year-end to offset approximately $3 billion in acquisitions [2]. - The deal encompasses six utility-scale solar assets and 41 distributed generation assets, primarily located in the United States [3]. Group 2: Asset Management - TotalEnergies will retain a 50% stake in the 1.4 gigawatt solar portfolio, which has an enterprise value of $1.25 billion [3]. - The company plans to sell some of the electricity generated by these assets [3]. Group 3: Future Investments - In addition to the solar sale, TotalEnergies has signed an agreement to acquire 49% of gas producing assets in the Anadarko Basin, Oklahoma, from U.S. oil producer Continental Resources [3]. - These gas assets are projected to reach gross production of around 350 million standard cubic feet per day (MMscfd) by 2030, enabling TotalEnergies to achieve approximately 150 MMscfd of net production [4].