KKR Purchases $550 Million Loan Of SunPower Updated On Thu, May 4th, 2023 by Saurenergy North American residential solar technology and energy services provider SunPower and global investment firm KKR have signed a definitive agreement under which credit funds and accounts managed by KKR will commit to purchasing $550 million of solar energy loans made to SunPower customers. This transaction is expected to support SunPower Financial’s continued ability to offer […] Read more
IndiGrid Commissions First Battery Energy Storage Project Updated On Thu, Apr 6th, 2023 by Saurenergy IndiGrid, which owns, operates, and manages power transmission networks and renewable energy assets delivering reliable power throughout India, has revealed that it has commissioned its first battery energy storage system (BESS) project. The project is integrated with its solar panels at the Dhule substation in Maharashtra. As per the statement by the company, the BESS […] Read more
Vedanta backed Serentica Renewables, Greenko Group In1500 MWhr Industrial Storage Deal Updated On Mon, Nov 14th, 2022 by Saurenergy Vedanta resources backed Serentica Renewables, a decarbonization platform that seeks to accelerate the energy transition for energy-intensive industries, has entered into an agreement with Greenko Group, to source 1500MWhr energy storage capacity through Greenko’s pumped storage projects located in India. As part of this partnership, Serentica will capitalise on Greenko’s energy storage capacity from its […] Read more
KKR’s Subsidiary IndiGrid Records Strong Growth with Q2 FY23 Revenue up 6% YoY Updated On Fri, Nov 11th, 2022 by Saurenergy IndiGrid [BSE: 540565 | NSE: INDIGRID], which claims to be the first Infrastructure Investment Trust (“InvIT”) in the Indian power sector has announced its results for the quarter ended September 30, 2022. The consolidated revenue for the quarter was up 6% YoY in Q2 FY23 to ₹ 5,807 million while the consolidated EBITDA also increased […] Read more
KKR to Invest $400 Million in Sterlite Backed Serentica Renewables Updated On Tue, Nov 8th, 2022 by Saurenergy Kohlberg Kravis Roberts (KKR), a leading global investment firm, and Gurugram-based Serentica Renewables, a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, have announced the signing of definitive agreements. Under the agreements, KKR will invest $400 million in the company. Standard Chartered Bank acted […] Read more
KKR Invests in Hero Future Energies in $450 Million Transaction Updated On Tue, Sep 20th, 2022 by Saurenergy New York’s Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth […] Read more
KKR buying RE firm ContourGlobal for £1.75 billion Updated On Thu, May 19th, 2022 by Saurenergy Leading investment firm Kohlberg Kravis Roberts & Co (KKR) has announced that it is buying ContourGlobal, a renewable energy company. The deal is for £1.75 billion. According to KKR, the company is offering shareholders of ContourGlobal 263.6p for every share. This offer price represents a 36 per cent premium to the last closing price of […] Read more
Virescent Renewable Raises Rs 650 crore Through Domestic Bond Issue Updated On Tue, Feb 8th, 2022 by Saurenergy Virescent Renewable Energy Trust (VRET) and Infrastructure Investment trust (InvIT) has raised a capital of Rs. 650 crore through a domestic bond issue. The issue is meant for two tenors – one is 7.33-year for Rs 150 crore and the other being a 10-year one for Rs 500 crore. Virescent is backed by global investment […] Read more
KKR Launches New RE Platform ‘Stellar Renewable Power’ Updated On Thu, Dec 9th, 2021 by Saurenergy Investment firm KKR has launched “Stellar Renewable Power”, a new platform that aims to source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source opportunities through greenfield development and acquisitions of early-stage assets from other developers. Renewable energy expert Vijay Venkatachalam will lead Stellar. […] Read more
