TotalEnergies Sells Half of U.S. Solar Portfolio

October 1, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--After acquiring acreage in the U.S. shale patch to bolster its liquefied natural gas (LNG) segment, TotalEnergies SE (Courbevoie, France) said it was offloading half of its solar portfolio in the country to investment firm KKR (New York, New York). Total expects to receive around $950 million at closing for the sale of its solar portfolio in the United States, which boasts a collective power capacity of 1.4 gigawatts (GW). The company said Monday the transaction aligns with its renewables business model.