Published

2 years ago

March 22, 2024

Alice Rush

KKR has signed an agreement to acquire a majority stake in Avantus, with it and existing investor EIG being sole equity investors.

Founded in 2009, Avantus owns a project pipeline of 30 GW of solar and 94 GWh of battery storage, primarily in the southwestern U.S. and California.

“To support an economy-wide energy transition, there is a need to significantly expand renewable energy generation by 2050 and enable grid electrification,” says KKR’s Charlie Gailliot.

“Because of these tailwinds, we see enormous opportunity for Avantus. The company’s impressive team and development track record, coupled with its mature project pipeline, set it apart from other renewables developers. We are delighted to support Avantus in realizing its full potential.”

Following the closing of the transaction, KKR will support Avantus in creating an equity ownership program for its employees.

Jefferies acted as sole financial advisor to KKR. KKR Capital Markets and Sumitomo Mitsui Banking acted as the lead structuring agents and arrangers of a development financing facility for the company. Scotiabank served as financial advisor to Avantus.

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KKR Acquires Majority Stake in Avantus

Renewable Energy

Blaise Pascal, Renaissance Man–Literally

Published

8 hours ago

March 28, 2026

Alice Rush

I have such respect for Pascal that I considered naming our son after him. (My wife wasn’t having it. Maybe if we lived in France?)

Pascal made important contributions to both math and physics but he’s perhaps best known for his philosophic “wager,” that it makes sense to believe in God, since if He exists, you’ll be very glad you did, and if He doesn’t, you haven’t lost anything. I counter that this is not how we accept or reject religious tenets.

Blaise Pascal, Renaissance Man–Literally

Renewable Energy

Howard Stern Has No Respect for Trump Supporters

Published

1 day ago

March 27, 2026

Alice Rush

“Republican Patriots” writes: Howard Stern once again reveals the contempt so many in the entertainment elite hold for everyday Americans. He claims not to hate President Trump himself, but openly declares his hatred for those who support him, calling them stupid and saying he has no respect for them. This kind of arrogant dismissal shows how out of touch these Hollywood types have become with the hardworking people who built this country.

I’ve got news: contempt for Trump supporters is hardly limited to “these Hollywood types.” The vast majority of Americans–especially at this point–are neither greedy pigs nor hateful morons. We respect human rights and rule of law.