KKR expands renewables joint venture by 700 MW: stock pre-market at EUR 81.93
Published on 10/13/2026 at 07:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- KKR and TotalEnergies announced a 700 MW joint-venture expansion.
- The portfolio includes three solar assets in Texas and Ohio.
- KKR stock was at EUR 81.93 pre-market at 7:50 a.m. CEST.
TotalEnergies and KKR announced on October 12, 2026, that they had signed an agreement to add 700 megawatts to their 50/50 U.S. renewables joint venture, according to a TotalEnergies press release. KKR stock was at EUR 81.93 at Lang & Schwarz at 7:50 a.m. CEST on October 13, 2026.
KKR stock before the Xetra open
The Lang & Schwarz pre-market quote was EUR 81.93, with a bid of EUR 81.62 and an ask of EUR 82.24. The quote was recorded at 7:50 a.m. CEST on October 13, 2026. The further course from the Xetra open at 9:00 a.m. CEST is shown by the continuously updated real-time quote of KKR stock.
What matters today
The expanded portfolio comprises 700 megawatts and is expected to reach commercial operation in the first quarter of 2027, according to the company announcement. The transaction covers three utility-scale solar assets in Texas and Ohio. TotalEnergies said completion was expected in 2026, subject to customary conditions.
Renewables joint venture
The joint venture was created in the United States in 2025 and currently holds 1.4 gigawatts, the release said. The electricity produced by the assets is already sold to third parties or will be marketed by TotalEnergies. The portfolio transaction reflects an enterprise value of $1.2 billion. TotalEnergies will continue to operate the assets after completion. The announcement identified KKR as a leading global investment firm and referred to KKR & Co. Inc. as the NYSE-listed company.
Market context: Market report S&P 500.
