Key facts
- EDF has agreed to sell its US and Canadian renewable energy operations to KKR.
- The sale includes EDF Power Solutions, which manages 5.6 gigawatts of renewable assets.
- KKR will acquire the operations and assets of the unit.
French utility EDF has entered into an agreement to sell its EDF Power Solutions business in the United States and Canada to private equity firm KKR. The deal, announced on Friday, involves the acquisition of the unit's operations and assets. EDF Power Solutions currently manages 5.6 gigawatts of renewable energy capacity across the US and Canada.