European Renewable Energy

Energy, Oil & Gas

TotalEnergies expands European renewables portfolio with Shell acquisition, KKR partnership

Mon, 03 Aug 2026

TotalEnergies has unveiled two major European renewable energy transactions, acquiring Shell’s 4 GW renewables portfolio and selling a 50 per cent stake in a €1.8 billion ($2 billion) asset portfolio to KKR as part of its Integrated Power strategy.