KKR has acquired a majority equity interest in Avantus by investment funds and accounts managed by KKR.
Coinciding with the close of the transaction, Avantus secured a $522 million development facility arranged by KKR Capital Markets and Sumitomo Mitsui Banking. The facility provides Avantus the financial backing to fuel the company’s energy storage development across the western U.S.
“This announcement is a ringing endorsement of our proven team at Avantus, providing us the capital to advance our portfolio and develop high-performing, high-value clean energy projects,” says Stephanie Perry, Avantus COO.
“We are excited to work with KKR and our existing investor EIG to achieve our growth plans and build on our track record of delivering record-breaking clean energy solutions that will decarbonize our planet at scale.”
The post KKR Acquires Majority Interest in Avantus appeared first on Solar Industry.
99% of this totally incorrect.
But hey, who cares, right? There’s a huge market for disinformation, and I’m sure you were handsomely paid.
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I’ve always wondered what this means. Christian Science? But if you reject science and hand your diseases over to Jesus, why would you need health coverage in the first place?
The point made at left is an interesting one, but it raises the question: Would our NATO allies have participated in a useless and illegal war even if Trump hadn’t insulted, bullied, and threatened them with military invasion?
I doubt it.
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