Sempra Infrastructure, a subsidiary of Sempra, announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR. The transaction, which closed in accordance with the terms previously disclosed, results in Sempra Infrastructure retaining a controlling 28% indirect interest in Phase 1 at the project level, and…
Tag: James Cunningham
Global investment firm KKR to acquire majority stake in Refresco
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•Refresco Group B.V. (Refresco), one of the largest independent beverage contract manufacturers in the world, and KKR, a global investment firm, announced that KKR has signed a definitive agreement to acquire a majority stake in Refresco, with Refresco’s existing investors, PAI Partners and British Columbia Investment Management Corporation (BCI), maintaining a significant minority position. Founded in 1999, Refresco is…
Clearway Energy to sell its thermal business to KKR
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•Clearway Energy, Inc. through its subsidiary Clearway Energy Operating LLC, announced it has entered into a binding agreement to sell its Thermal Business to KKR for total consideration of $1.9 billion, subject to closing adjustments. The Company’s Thermal Business, commercially known as Clearway Community Energy, consists of thermal infrastructure assets that provide steam, hot water…