KKR Acquires Majority Interest in Avantus
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 […]
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