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TotalEnergies expands US venture with KKR with 700 MW portfolio
- The deal reflects an enterprise value of $1.20 billion for the portfolio
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TotalEnergies said on Monday it is expanding its joint venture with KKR in the United States with the addition of a 700 megawatt renewables portfolio.
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The deal reflects an enterprise value of $1.20 billion for the portfolio, and TotalEnergies will continue to operate the assets after completion of the transaction, the company added.