Global investment firm KKR-backed Virescent Renewable Energy Trust is in advanced stages of discussion to acquire 100MW solar assets from Jakson Group The 100MW portfolio comprises three operational solar power projects in Uttar Pradesh and Rajasthan and has a power purchase agreement (PPA) with NTPC Vidyut Vyapar Nigam Ltd and Uttar Pradesh Power Corporation for […]
KKR looks to invest $400 m in Hero Future Energies – EQ Mag Pro
KKR and Co. is in superior negotiations to take a position round $400 million in Hero Group’s renewables power firm Hero Future Energies (HFE), in what can be the US non-public fairness supervisor’s single largest cheque within the Indian clear power area to this point, stated individuals conscious of the event. The ultimate rounds of […]
Albioma: Reopening of the friendly Tender Offer for Albioma shares – EQ Mag Pro
• KKR will hold 83.44% of Albioma’s capital following the completion of the first offer period • The Offer will be reopened from 8 August to 9 September on the same terms, namely a price of 50 euros per share and 29.10 shares per Albioma BSAAR, in order to allow shareholders who have not yet […]
The public tender offer initiated by KKR for the shares and warrants of Albioma has been authorized by the European Commission – EQ Mag Pro
The European Commission announced that it authorized the tender offer initiated by Kyoto BidCo, an affiliate of the investment funds and separately managed accounts advised and/or managed by Kohlberg Kravis Roberts & Co. L.P. and its affiliates (“KKR”), for the shares and warrants (BSAAR) of Albioma (the “Offer”), under merger control. The Offer is no […]
KKR Launches Renewables Platform Aster Renewable Energy in Asia – EQ Mag Pro
Aster will be led by Chen Wei, an Industry Veteran with over Two Decades of Renewables Experience Solar, Wind and Energy Storage Opportunities in Taiwan and Vietnam are Immediate Focus Areas First solar photovoltaic project in Taiwan under commercial operations SINGAPORE : Global investment firm KKR today announced the launch of Aster Renewable Energy (“Aster”), […]
KKR Closes $17 Billion Global Infrastructure Fund – EQ Mag Pro
NEW YORK & LONDON : KKR, a leading global investment firm, today announced the final closing of KKR Global Infrastructure Investors IV (the “Fund”), a $17 billion fund focused on pursuing global infrastructure investment opportunities with an emphasis on investments in OECD countries in North America and Western Europe. The closing comes at a time […]
KKR in Talks to Invest in French Renewable Energy Firm Albioma – EQ Mag Pro
Albioma SA, the French producer of solar and biomass power, confirmed it’s in discussions with private equity firm KKR & Co. Talks are at a preliminary stage and there’s no certainty they will succeed, Albioma said in a statement Wednesday. KKR has been considering a potential takeover bid for Albioma as it seeks to boost […]
KKR Backed Virescent Renewable Energy Trust issues INR 650 cr via Domestic Bond Issue – EQ Mag Pro
Raises INR 650 crore through Listed Rated Non-Convertible Debentures Largest single series domestic bond issuance of INR 500 crore in 10-year tenor, by a Renewable Energy Company Average quarterly coupon rate of 7.93 percent (fully fixed for entire tenor) Subscription by marquee domestic financial institutions (India Infrastructure Finance Company Limited & Aseem Infrastructure Finance Limited) […]
KKR LAUNCHES STELLAR RENEWABLE POWER – EQ Mag Pro
New platform to originate long-duration, high yielding solar energy investments through greenfield development and acquisitions NEW YORK : KKR, a leading global investment firm, today announced the launch of Stellar Renewable Power (“Stellar”), a new platform that will source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) […]
KKR Backed Virescent Renewable Energy Trust Ties-Up INR 2,150 cr of Debt Financing via Listed NCDs, Long Term Debt Financing and Working Capital – EQ Mag Pro
• Raises INR 1,000 cr via NCDs in the first ever issuance by a renewable energy InvIT from India • Ties up an additional INR 1,000 cr of long-term financing from L&T Finance • Avails INR 150 cr of working capital financing from Tata Capital • Proceeds will be primarily used for refinancing SPV level […]