In Short : Serentica Renewables, backed by KKR, is exploring plans to raise up to $8 billion to accelerate its large-scale green energy expansion in India. The funding would support renewable power projects, transmission infrastructure, and round-the-clock clean energy solutions for industrial customers. The company aims to expand capacity rapidly as demand for reliable green […]
KKR Closes $2.8 Billion Global Impact Fund II – EQ
Second Impact Fund More than Doubles Size of First, Underscores Commitment to Contributing to the UN Sustainable Development Goals NEW YORK : KKR, a leading global investment firm, today announced the final closing of KKR Global Impact Fund II (“GIF II” or the “Fund”), a $2.8 billion fund dedicated to investing in companies whose products […]
KKR to acquire stake in SingTel’s regional data centre unit for $807 mln – EQ
Singapore Telecommunications said on Monday global investment firm KKR will acquire a 20 per cent stake in SingTel’s regional data centre business for S$1.1 billion ($806.87 million) Singapore Telecommunications (SingTel) said on Monday global investment firm KKR will acquire a 20 per cent stake in SingTel’s regional data centre business for S$1.1 billion ($806.87 million). […]
KKR to acquire majority stake in LEAP India – EQ Mag
Leap India provides various supply-chain solutions, including equipment pooling, returnable packaging, inventory management and movement, transportation, and repair and maintenance Private equity major KKR on Wednesday said it is acquiring a majority stake in Leap India, a leading pallet-pooling platform in India. While KKR did not disclose the acquisition cost, banking sources peg it at […]
KKR, Macquarie eyeing Singapore’s waste management firm SembWaste: sources – EQ Mag
HONG KONG/SINGAPORE : U.S. private equity group KKR & Co Inc and Australia’s Macquarie Asset Management are among potential bidders for the waste and recycling management arm of Singapore’s energy group Sembcorp in a deal that could value the unit at around $500 million, said two sources with knowledge of the matter. Sembcorp, which is […]
Serentica Renewables Secures Additional $250 Million Investment from KKR – EQ Mag
Latest investment builds on the $400 million committed by KKR last year NEW DELHI, India : Serentica Renewables (“Serentica” or the “Company”), a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, today announced the signing of definitive agreements under which leading global investment firm […]
KKR to Invest $400 Million in Decarbonization Platform Serentica Renewables – EQ Mag Pro
Global private equity giant KKR has agreed to invest $400 million (around Rs 3,300 crore) in Serentica Renewables, a decarbonization platform that seeks to enable energy transition by providing clean energy solutions. KKR makes its investment from its Asia Pacific Infrastructure strategy. The transaction in Serentica marks KKR’s latest investment in India and the renewables […]
KKR looks to sell renewable energy platform Virescent – EQ Mag Pro
MUMBAI : KKR & Co. is looking to sell its maiden renewable energy platform Virescent, which, once completed, will mark the first exit for the private equity major’s inaugural Asia Pacific Infrastructure Fund from India, three people aware of the development said. KKR began investing in Indian infrastructure in 2019 when it acquired a substantial […]
KKR INVESTS IN HERO FUTURE ENERGIES IN $450 MILLION TRANSACTION – EQ Mag Pro
NEW DELHI : KKR, a leading global investment firm, and Hero Future Energies (“HFE” or the “Company”), the renewable energy arm of the Hero Group, today announced the signing of definitive agreements under which KKR and the Hero Group will invest $450 million in the Company. This investment will position HFE for continued growth and […]
KKR Ready to Squeeze Out Albioma, Holds Over 92% – EQ Mag Pro
KKR & Co Inc (NYSE:KKR) has secured 92.19% of the capital and voting rights in Albioma SA (EPA:ABIO) through its friendly takeover offer for the French independent renewable energy producer and is now able to proceed with filing a squeeze-out application. Albioma announced today that almost 2.54 million shares and 223 warrants (BSAAR) were tendered […]