TotalEnergies has agreed with insurance vehicles and accounts managed by global investment firm KKR to sell a 50% interest in a 1.4GW North American solar portfolio. The deal assigns the portfolio an enterprise value of $1.25bn. Due to these transactions and bank refinancing to be finalised shortly, the energy company will receive$950m at closing. The deal comprises six utility-scale solar projects amounting to 1.3GW, and 41 distributed-generation sites totalling 140MW, primarily located in the US. El ...