KKR Invests A$500 Million in CleanPeak Energy to Expand Australia Distributed Energy Platform

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.

CleanCapital Acquires 22.7 MW, 40-Asset Solar Portfolio From Kendall Sustainable Infrastructure

December 17, 2024

Renewable Energy

CleanCapital acquired a portfolio of 40 solar assets totaling 22.7 MW from Kendall Sustainable Infrastructure (KSI), expanding its operating distributed solar footprint across Vermont, New York and California. Manulife Investment Management and its institutional co-investors committed an additional $145 million of equity to CleanCapital to fund development, construction and future acquisitions; the sale closes out KSI’s first fund dedicated to community solar.

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

September 20, 2022

Renewable Energy

KKR and the Hero Group agreed to invest $450 million in Hero Future Energies to support the company’s growth and expansion of renewable energy capacity across solar, wind, battery storage and green hydrogen. Hero Future Energies, an independent power producer with ~1.6 GW of operating solar and wind projects, will use the capital to scale projects, expand into new technologies and enter new markets; IFC remains an existing investor.

KKR, Ontario Teachers' and PSP Investments Acquire Spark Infrastructure

December 22, 2021

Utilities

A consortium of KKR, Ontario Teachers' Pension Plan Board and PSP Investments completed an all-cash acquisition of Spark Infrastructure for approximately A$5.2 billion. The deal, which received all regulatory approvals, gives the investors ownership of Spark's stakes in SA Power Networks, Victoria Power Networks (Citipower and Powercor), a stake in TransGrid and the Bomen Solar Farm as they seek to support Australia’s transition to low-carbon electricity infrastructure.

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.

Strata Clean Energy Acquires Crossover Energy Partners

November 15, 2022

Renewable Energy

Strata Clean Energy has acquired Phoenix-based Crossover Energy Partners, purchasing 100% of Crossover's assets to incorporate its origination and power-offtake capabilities into Strata's utility-scale solar and storage platform. Senior Crossover leaders will assume roles at Strata and all Crossover employees will merge into the Strata organization to bolster project origination, financing and execution capabilities.