KKR & Co. is seeking about $12 billion for its fourth global infrastructure fund, according to a person with knowledge of the matter. The private equity firm raised $3.9 billion for its first Asia-Pacific infrastructure fund in January, amassing the largest pool of cash in the region for investments including waste management, renewable energy and […]
KKR CLOSES INAUGURAL ASIA PACIFIC INFRASTRUCTURE FUND AT US$3.9 BILLION CAP
HONG KONG: KKR, a leading global investment firm, today announced the final close of KKR Asia Pacific Infrastructure Investors SCSp (the “Fund”), a US$3.9 billion fund focused on infrastructure-related investments across Asia Pacific. “We are thrilled to announce the close of our inaugural Asian infrastructure fund, coming at this pivotal time for the infrastructure sector,” […]
KKR to float private InvIT in bid to house renewable assets
InvITs manage income-generating infrastructure assets offering regular yield to investors This will be the second InvIT backed by KKR in India Private equity firm KKR is setting up a private infrastructure investment trust (InvIT) to house operating renewable energy assets it aims to acquire in India, said two people aware of the development, requesting anonymity. InvITs manage […]
National Investment and Infra Fund emerges top bidder for Mahindra Susten’s solar assets
The major operational assets that are to be sold include a 337.5 MW solar park at Rewa, Madhya Pradesh and an 84.5 MW plant at Charanka, Gujarat MUMBAI: The National Investment and Infrastructure Fund (NIIF) is the frontrunner to acquire about 617 megawatts (MW) worth assets of Mahindra Susten, the solar energy EPC platform owned […]
KKR INVESTS WITH NEXTERA ENERGY AND NEXTERA ENERGY PARTNERS IN PORTFOLIOS OF RENEWABLE ENERGY ASSETS
NEW YORK: Global investment firm KKR today announced the signing of agreements with NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc. (NYSE: NEE), and NextEra Energy Partners, LP (NYSE: NEP) relating to two separate transactions to acquire equity interests in portfolios of contracted utility-scale wind and solar assets. KKR will invest approximately […]
KKR Launches Renewable Energy Platform Virescent Infrastructure in India
New platform to own and operate a diversified portfolio of renewable assets in India MUMBAI: Global investment firm KKR today announced the launch of Virescent Infrastructure (“Virescent” or the “Company”), a newly created platform to acquire renewable energy assets in India. Headquartered in Mumbai, Virescent aims to expand its diversified portfolio of operational renewable energy […]
Grapevine: Hero Future Energies in talks with KKR and others to sell PPAs
Munjal family-promoted green energy company Hero Future Energies is in separate talks with global investors including KKR, Actis, Temasek-backed O2 Power and the UK’s CDC-owned Ayana Renewable Power to sell 900 megawatt (MW) of its power purchase agreements (PPAs), two people aware of the development told The Economic Times. One PPA that Hero Future plans […]
KKR’s India InvIT in talks to acquire FRV Solar assets
Mumbai : India Grid Trust (IndiGrid), the KKR-owned first Infrastructure Investment Trust (InvIT) in the Indian power sector, is in advanced discussions to acquire India portfolio of Fotowatio Renewable Ventures (FRV), the Madrid-based developer, in a deal worth Rs.750 crore. FRV, owned by Abdul Latif Jameel Energy and Environmental Services, owns a 135 megawatt (MW) […]
Adani, KKR, Edelweiss keen on Mahindra Susten’s solar assets
Potential deal for 810MW of projects, valued at about $530 mn, comes in the wake of power sector reforms Mahindra Susten, has commissioned over 967MW, and is executing projects to add another 668MW NEW DELHI : The Adani Group, private equity firm KKR and Edelweiss Infrastructure Yield Plus Fund have separately evinced interest in acquiring […]
KKR, Actis Vie for 400-MW solar assets of Azure Power; ₹1,600cr deal size likely
Set up in 2008 by Inderpreet Wadhwa, Azure Power has a portfolio of more than 7.1 gigawatt solar power projects under various stages in the country, including more than 200 MW rooftop portfolio across 24 states. It has 1.8 GW operational projects, 1.3 GW under construction, 2 GW in development, and 2 GW in the […]