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TotalEnergies sells 50% stake in 1.2-GW European renewables portfolio to KKR for EV of EUR 1.8 billion
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TotalEnergies sells 50% stake in 1.2-GW European renewables portfolio to KKR for EV of EUR 1.8 billion
  • TotalEnergies signed a deal to buy Shell’s entire onshore renewables business in Europe, covering a 4 GW portfolio.
  • Assets include 500 MW of solar and wind operating or under construction, mainly in Italy and the Netherlands.
  • The package also includes a 3.5 GW pipeline spanning solar, wind, battery storage across Italy, the UK, Spain.
  • Completion is expected by end-2026, subject to regulatory clearances.
  • Separately, it agreed to sell KKR a 50% stake in a 1.2 GW renewables portfolio at an enterprise value of EUR 1.8 billion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TotalEnergies SE published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-104017), on September 01, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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