Electricité de France SA confirmed that KKR & Co. will acquire its renewable power businesses in the United States and Canada. The transaction follows a wave of investment aimed at building electricity capacity for the AI boom. By adding dozens of wind and solar sites to its portfolio, KKR positions itself to supply power to data centers and emerging tech hubs across North America.

The deal underscores how private equity is accelerating the shift toward clean energy to meet soaring power demands from AI workloads. EDF’s divestiture signals confidence in the growing market for renewable infrastructure, while KKR’s purchase expands its footprint in a segment poised for rapid growth. Investors eye the transaction as a benchmark for future asset acquisitions in the sector.

With the acquisition, KKR gains immediate control over a network of renewable sites that can feed data centers and industrial users, strengthening its position in the energy market. EDF benefits by reallocating capital toward other strategic initiatives. The transaction marks a clear signal that the AI-driven demand for clean electricity will continue to attract sizable investment from global asset managers.