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.
It’s possible that Americans are so angry that the Trump administration has ruined their country and its democracy that paid advertising for Republican candidates is having no effect on them.
We can only hope.
Obviously, the endorsement of a much-despised president didn’t help, but what chance did this election-denying moron actually have in a sophisticated state like Minnesota?
One good thing about having Trump in the White House is that doesn’t have enough sense to hide what a terrible person he is.
We all recall the COVID-19 outbreak, and Trump’s suggestion that we reduce our testing for the disease on the basis that less testing means fewer positive results, which means less outrage on the level of Trump’s ineptitude in handling the epidemic.
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