KKR to Acquire Stake in Renewable Energy Firm SK Eternix

KCA Partners to Acquire SK TNS in Over 300 Billion Won Deal

August 4, 2026

Telecommunications

KCA Partners, a Korea-based private equity firm, has signed a definitive share purchase agreement to acquire 100% of SK TNS for an estimated 300 billion to 400 billion won. The deal follows Alchemist Capital Partners Korea’s process to sell its stake in SK TNS, managed by Samil PwC.

KKR to Acquire Additional 5% Stake in Enilive from Eni

March 1, 2025

Renewable Energy

KKR has signed an agreement to acquire an additional 5% stake in Enilive from Eni for €587.5 million, bringing KKR’s total ownership to 30%. The investment continues KKR’s infrastructure strategy involvement in Enilive, Eni’s mobility transformation company focused on biorefining, biomethane production, and smart mobility solutions.

KKR Acquires Majority Stake in Avantus

July 30, 2024

Energy

KKR, through investment funds and accounts it manages, acquired a majority equity interest in Avantus, a U.S. utility-scale solar and solar-plus-storage developer. With closing, KKR also arranged a $522 million development facility to support Avantus’ growth and accelerate its ~30 GW solar and 94 GWh storage pipeline.

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 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 Acquires Majority Stake in ERM from OMERS Private Equity and AIMCo

May 17, 2021

Environmental Services

KKR has signed an agreement to acquire a majority position in Environmental Resources Management (ERM) from OMERS Private Equity and Alberta Investment Management Corporation (AIMCo), with ERM management and Partners remaining minority investors. The transaction, intended to accelerate ERM's growth and broaden its sustainability capabilities and technologies, is expected to close in Q3 2021 subject to regulatory approvals; financial terms were not disclosed.