KKR and Hero Group to Invest $450 Million in Hero Future Energies
Global investment firm Kohlberg Kravis Roberts (KKR) and the Hero Group signed definitive agreements to invest $450 million in Hero Future Energies (HFE), the renewable energy arm of the Hero ...
KKR to Acquire Power Producer ContourGlobal for £1.75 Billion
U.S-based private equity firm Kohlberg Kravis Roberts (KKR) has signed an agreement to acquire the British power generation company ContourGlobal for approximately £1.75 billion (~$2.18 billion). KKR is a leading ...
Daily News Wrap-Up: India Launches Open Access Registry for Power Transmission
Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of Power announced the launch of the National Open Access Registry (NOAR). It is a ...
Virescent’s Renewable Energy InvIT Raises ₹6.5 Billion via Domestic Bond Issuance
Virescent Renewable Energy Trust (VRET), a renewable energy infrastructure investment trust (InvIT) by Virescent Infrastructure, raised ₹6.5 billion (~$87 million) through domestic bond issuance across 7.33-year (₹1.5 billion (~$20 million)) ...
Daily News Wrap-Up: KKR Unveils Renewable Platform to Develop Solar, Storage Projects
Here are some noteworthy cleantech announcements of the day from around the world: Global investment firm KKR has launched Stellar Renewable Power. The new platform will source, develop and operate ...
Virescent Acquires 49 MW of Operating Solar Projects from Focal Energy
Virescent Renewable Energy Trust, a platform created by global investment company KKR to acquire renewable energy assets in India, announced that it had acquired a 49 MW solar portfolio from ...
Virescent Renewable Energy Trust Raises ₹21.5 Billion in Debt Financing
Virescent Renewable Energy Trust (VRET), a renewable energy infrastructure investment trust (InvIT) from KKR's Virescent Infrastructure, has raised a total of ₹21.5 billion through listed non-convertible debentures and long-term debt financing ...
KKR-Sponsored Virescent Raises ₹4.6 Billion for its Renewable Energy InvIT
Virescent Renewable Energy Trust (VRET), a renewable energy infrastructure investment trust (InvIt) from KKR's Virescent Infrastructure, has raised ₹4.6 billion (~$62 million) from foreign and domestic investors. Alberta Investment Management Corporation ...
Funding and M&A Roundup: Shell to Buy Residential Renewables Retailer Inspire Energy
From: Mercom Capital Group Shell New Energies US, a subsidiary of Royal Dutch Shell, signed an agreement to buy 100% of the equity interests of Inspire Energy Capital, a renewable ...
Funding and M&A Roundup: Statkraft Set to Acquire Solarcentury’s 6 GW Portfolio
From: Mercom Capital Group Royal Bafokeng Holdings (RBH), an African community investment company, is considering making a $20 million equity investment in DPA Africa Asset-Co. The company, set up by ...