KKR and Hero Group Invest $450M in Hero Future Energies

KKR Makes Minority Investment in Sol Systems

July 22, 2021

Renewable Energy

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.

KKR and EIG Acquire Majority Interest in Avantus

July 30, 2024

Renewable Energy

KKR-backed funds and accounts managed by KKR have acquired a majority equity interest in Avantus, a U.S. developer of utility-scale solar and solar-plus-storage projects. Coinciding with the close, Avantus secured a $522 million development facility arranged by KKR Capital Markets and SMBC to accelerate deployment of its more than 30 GWdc solar and 94 GWh storage pipeline across the Western United States.

Energea Provides $20 Million Financing to HGR Energy

December 6, 2024

Renewable Energy

Energea provided $20 million in debt (part of a combined equity and debt package) to HGR Energy to accelerate development and expansion of its renewable energy project portfolio. Westbury Group and Regiment Securities advised and structured the financing, which closed on December 6, 2024.

PSG Leads $125M Growth Investment in HeroDevs

July 26, 2025

Cybersecurity

HeroDevs raised $125 million in a strategic growth investment led by PSG with participation from existing investor Album. The funding will be used to expand HeroDevs' Never-Ending Support solutions and includes a $20 million commitment to an Open Source Sustainability Fund to support end-of-life open-source projects.

Accel-KKR Makes Significant Investment in Yes Energy

January 28, 2022

Data & Analytics

Accel-KKR, a technology-focused private equity firm, announced a significant investment in Yes Energy to accelerate the company's power market data products, partnerships and acquisition opportunities. Yes Energy, founded in Boulder, Colorado, will use the funding to expand its product suite and scale to meet growing demand across North American power markets.

KKR Invests $410M Growth Capital in NetSPI

October 5, 2022

Cybersecurity

KKR is increasing its investment in NetSPI with a $410 million growth funding round to support the company's technology innovation, talent acquisition, and global expansion while recapitalizing NetSPI's first institutional investor, Sunstone Partners. The funding comes from KKR's Technology Growth strategy and follows prior investments in NetSPI as the company scales its PTaaS, Attack Surface Management, and related offensive security offerings.