Tag: James Cunningham

Sempra Infrastructure completes sale of non-controlling interest in Port Arthur LNG Phase 1 to KKR

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…

Global investment firm KKR to acquire majority stake in Refresco

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

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…