KKR and Sorgenia will set up a joint venture that sweeps up 153MW of capacity already installed in France by the Italian energy group and another 95MW at an advanced stage of development.
The two partners will each have a 50% share in the joint venture, which will control assets worth about €236m ($339.6m).
Sorgenia will manage operation of the jointly-owned facilities and will continue to independently develop other wind and PV projects in France.
The
