EDF signs agreement to sell its power solutions in North America
After a competitive process, EDF has signed an agreement where KKR commits to acquiring EDF power solutions’ operations and assets in the U.S. and Canada, with the option for EDF to sell these assets.
EDF power solutions focuses on clean energy solutions, including the development, construction, and operation of renewable power plants, storage systems, smart EV charging, and microgrids. The company provides solutions across the value chain, from origination to operation, managing a renewable asset portfolio of 5.6GW net capacity in the USA and Canada.
The transaction is subject to an information and consultation process with employee representatives and governance body approval.
About EDF
The EDF Group is a central figure in the energy transition, involved in power generation, distribution, trading, energy sales, and services. As a leader in low-carbon energy, it produces 515TWh that is 95% decarbonized with a carbon intensity of 26.5gCO2/kWh by 2025, relying on a diverse mix mainly of nuclear and renewable energy. EDF invests in new technologies to support the energy transition, aiming for a net zero energy future through electricity and innovative solutions, promoting environmental sustainability and economic growth. EDF serves approximately 41 million customers and achieved sales of €113.3 billion in 2025.
(1) The customer base includes electricity, gas, and recurring service contracts.
1 Net installed capacity at 31 March 2026
- PR EDF Agreement for sale EDF power solutions NA 06.2026
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