TotalEnergies is set to acquire Shell’s European onshore renewables portfolio, expanding its renewable energy capacity in Europe. Multiple outlets report that the transaction covers onshore wind and solar assets held by Shell, increasing TotalEnergies’ presence in the sector. The deal also includes a financing or ownership component: TotalEnergies sells a stake in connection with the transaction to KKR, according to Investing.com. Other reporting characterizes the transaction as TotalEnergies strengthening its position by adding “significant” renewable capacity, particularly solar and wind, sourced from Shell’s European assets. Overall, the coverage is consistent that TotalEnergies is the buyer of Shell’s European onshore renewables portfolio, and KKR is involved as a partner through the purchase of a stake. The articles do not provide additional details such as deal value, completion timeline, or the specific geographic breakdown of the assets in the provided excerpts. The reports therefore focus on the ownership change and the participation of KKR as part of the restructuring of interests in the acquired portfolio.