KKR expands renewables venture while KKR stock costs EUR 78.18

Published on 10/16/2026 at 10:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KKR added 700 MW with TotalEnergies on October 12, 2026. KKR stock costs EUR 78.18 on October 16, 2026 before November 9 results.

Renewables expansion and earnings date

KKR and TotalEnergies announced 700 MW of added capacity on October 12, 2026.
The solar portfolio carries an enterprise value of USD 1.2 billion.
KKR stock traded at EUR 78.18 at 10:03 a.m. CEST at Lang & Schwarz on October 16, 2026.
KKR is scheduled to report third-quarter results on November 9, 2026.

KKR, US48251W1045, Illustration mit AI erstellt.

KKR & Co. Inc. (ISIN US48251W1045) was trading at EUR 78.18 at Lang & Schwarz on October 16, 2026, at 10:03 a.m. CEST. The investment firm had announced an expansion of its U.S. renewables joint venture with TotalEnergies involving 700 megawatts on October 12, 2026, according to Business Wire.

700 MW adds to the venture

The agreement covers three utility-scale solar assets in Texas and Ohio. The portfolio has an enterprise value of USD 1.2 billion, and the projects are expected to reach commercial operation in the first quarter of 2027. KKR and TotalEnergies own the venture equally, while TotalEnergies will continue operating the assets.

The added capacity lifts the joint venture from 1.4 gigawatts to 2.1 gigawatts. That is a 50.00 percent increase based on the capacities disclosed in the release, giving KKR a larger platform in U.S. power generation without changing the venture's ownership split.

What does the deal mean for KKR?

The renewables agreement is the latest in a sequence of transactions that broaden KKR's exposure to infrastructure and private markets. On October 5, 2026, KKR had agreed to acquire Gen II Fund Services for USD 5.1 billion, a transaction expected to close in 2027, according to StockTitan. Gen II serves more than 275 investment managers representing more than USD 2 trillion in private fund capital.

KKR's second-quarter 2026 revenue was USD 5.73 billion, while consolidated net income was USD 1.13 billion, according to the company's financial statements. A separate report from The Stock Observer said TD Cowen had reduced its price objective from USD 118.00 to USD 103.00.

Three transactions shape the year

On July 30, 2026, KKR reported USD 5.73 billion in second-quarter revenue and adjusted earnings per share of USD 1.63, according to The Stock Observer. On October 5, 2026, it agreed to buy Gen II for USD 5.1 billion. On October 12, 2026, it announced the 700-megawatt renewables expansion with TotalEnergies.

Dates for the next update

KKR's next scheduled reporting date is November 9, 2026, when the company plans to discuss third-quarter 2026 results at 10:00 a.m. ET, according to KKR. The solar projects are expected to reach commercial operation in the first quarter of 2027.

Stock price and investor context

KKR's U.S. listing is on the NYSE, and its stock had a 52-week range of USD 82.67 to USD 144.84 as of October 15, 2026. Its market capitalization was USD 78.7 billion on that date. At Lang & Schwarz, the stock was trading at EUR 78.18 on October 16, 2026 at 10:03 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of KKR stock.