KKR a leading global investor, has reached a definitive agreement to acquire from Gestamp Renewables an 80% stake in Gestamp Asetym Solar, S.L. (“Gestamp Solar”), a premier global solar PV developer and operator. The investment is funded by KKR Global Infrastructure Investors II, a $3.1 billion global fund. The transaction values Gestamp Solar at a … Continue reading KKR Acquires an 80% Stake in Gestamp Solar
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KKR and Acciona partner in global renewable energy business
Acciona, a global infrastructure, water and renewable energy group, and Kohlberg Kravis Roberts & Co. LP (together with its affiliates, “KKR”), a leading global investment firm, today announced a partnership to consolidate and develop one of the largest operating international renewable energy portfolios in the world. Under the agreement, KKR will invest in ACCIONA Energía … Continue reading KKR and Acciona partner in global renewable energy business
Continue readingSolar power is now cheaper than nuclear
The power generation business has changed so much over the last decade that electricity generated from solar energy will be cheaper than electricity generated from the proposed new nuclear plants.
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