What renewable power assets is KKR acquiring from EDF, and where are they located?

KKR has agreed to buy EDF’s renewable power businesses in the US and Canada, which collectively comprise a portfolio of 5.6 gigawatts of renewable assets—enough to power more than 4 million US homes.

Why is KKR acquiring these assets, and how does this fit into broader industry trends?

KKR is acquiring these assets as part of its multi-year effort to build out its power portfolio—focusing on renewables and gas assets—in response to rapidly growing electricity demand driven by the AI boom and massive data-center projects; this deal mirrors a broader surge in US power industry takeovers, including NextEra Energy’s $67 billion acquisition of Dominion Energy and KKR’s recent $10 billion investment in Sempra’s infrastructure arm and $1.25 billion solar asset purchase from TotalEnergies.

KKR Agrees to Buy EDF Power Assets as AI Boom Fuels Demand

Jun 26, 2026

KKR agreed to acquire EDF's renewable power assets in North America, driven by surging electricity demand from AI data centers. The deal underscores a broader trend of major M&A in the US power industry to meet infrastructure needs.

bloomberg

2026-04-27

France's EDF invests $117 million in nuclear reactor parts factory

2026-05-12

EDF Said to Plan Sale of Chinese Renewables Amid Nuclear Shift

2026-05-26

EDF to invest €240 million in French electrification plan

2026-06-02

EDF Mulls Adding Cooling Towers to Nuclear Plants Amid Warming

2026-06-04

LS Power Near Deal to Acquire EDF’s American Renewables Arm