KKR Makes Minority Investment in Sol Systems
July 22, 2021
KKR made a significant minority growth investment in Sol Systems to scale the renewable energy developer’s Impact + Infrastructure platform and fund the acquisition of shovel-ready solar and storage projects. The investment includes a strategic partnership in which KKR committed up to $1 billion to acquire ready-to-build projects and support Sol Systems’ development, asset management and community-focused renewable solutions.
- Buyers
- KKR (Global Infrastructure Investors III)
- Targets
- Sol Systems, LLC
- Industry
- Renewable Energy
- Location
- District of Columbia, United States
- Transaction Type
- Growth capital
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