In Short : KKR-backed ContourGlobal has acquired 1.6 GW of battery energy storage projects in Italy, with durations of up to eight hours. The acquisition positions the company for Italy’s upcoming standalone storage auction in September. As Europe’s storage market expands rapidly, the move strengthens ContourGlobal’s role in advancing grid stability and supporting the continent’s […]
KKR launches cash buyout of ContourGlobal – EQ Mag Pro
Energy generator’s major shareholder accepts £1.75bn offer from Kohlberg Kravis Roberts & Co ContourGlobal to be bought out by KKR at 263.6p a share Board and major shareholder back the offer, with Reservoir Capital pledging its 71 per cent holding in favour The private equity run on London-listed companies has continued, with famed fund Kohlberg […]