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Home » News » KKR Acquires Majority Stake in US Solar Developer Avantus
News

KKR Acquires Majority Stake in US Solar Developer Avantus

By Patrick VaughnAugust 1, 20242 Mins Read
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Investment firm KKR has acquired a majority stake in US solar and storage developer Avantus. Alongside this transaction, Avantus has secured a $522 million development facility arranged by KKR Capital Markets and Sumitomo Mitsui Banking Corporation (SMBC). This facility aims to support Avantus' growth and its development portfolio, which includes over 30GW of solar and

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Acquisition Data Center Energy Storage KKR Power Purchase Agreement Solar Sumitomo
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Previous ArticleSumitomo and JGC to Explore Collaboration on Floating Offshore Wind Components
Next Article Sunprime Group Secures EUR 204 Million Financing for Italian Solar Projects

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