EDF has agreed to sell its North American renewables business, EDF Power Solutions in the US and Canada, to KKR, as the French state-owned utility continues efforts to raise capital for its domestic nuclear investment programme, according to a report by Reuters.
The transaction will see KKR acquire EDF Power Solutions’ operations and assets across the US and Canada, where the business operates 5.6GW of renewable energy assets. Financial terms of the deal were not disclosed.
The sale follows comm...
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