KKR, a global investment firm, announced the final close of KKR Asia Pacific Infrastructure Investors II SCSp, a US$6.4 billion fund focused on infrastructure-related investments across Asia Pacific. At close, the Fund is the largest pan-regional infrastructure fund to have been raised for Asia Pacific. This closely follows KKR’s inaugural Asia Pacific-dedicated infrastructure fund, KKR Asia Pacific Infrastructure Investors SCSp,…
KKR, a global investment firm, and Serentica Renewables (Serentica), 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 KKR will invest $400 million in the Company. Serentica looks to deliver round-the-clock clean energy solutions for large-scale, energy-intensive…
Global investment firm KKR and Hero Future Energies (HFE), the renewable energy arm of the Hero Group, 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 support its efforts to expand its renewable energy capacity and capabilities across technologies such…
KKR announced the launch of Highways Infrastructure Trust (HIT), a roads infrastructure investment trust (InvIT). HIT is KKR’s third InvIT in India, in addition to Virescent Renewable Energy Trust, India’s first renewable energy InvIT, and India Grid Trust, a leading transmissions InvIT, and marks KKR’s latest development as it scales its infrastructure investment activity in the country. Together, these platforms…
IndiGrid, India’s first power sector Infrastructure Investment Trust, announced the appointments of Jayashree Vaidhyanathan as an Independent Director and Hardik Shah as Non-executive Director to the Board, effective November 30, 2021. Vaidhyanathan has decades of experience in driving product strategy in the Digital Transformation space, product innovation, risk management, M&A, technology delivery and execution. She…
Virescent Infrastructure (Virescent), an Indian renewable energy platform sponsored by global investment firm KKR, has set up India’s first renewable energy infrastructure investment trust (“InvIT”), Virescent Renewable Energy Trust (“VRET”). VRET has raised INR4.6 billion (US$62 million) from a group of foreign and domestic investors. Leading the transaction, on behalf of its clients, is Alberta Investment Management Corporation (AIMCo),…
KKR, a global investment firm, announced the signing of definitive agreements under which KKR will acquire Global Infrastructure Partners’ (GIP) entire interest in Highway Concessions One (HC1) and seven highway assets with a total length of 487 kilometers. HC1 is a platform in India that manages GIP’s road portfolio which spans across seven states including Gujarat, Karnataka, Madhya Pradesh, Meghalaya, Rajasthan, Tamil…