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KKR & Co Launches New Platform to Acquire Renewable Energy Assets in India

KKR & Co, a global investment company, has launched Virescent Infrastructure, a new platform to acquire renewable energy assets in India.

 

Virescent Infrastructure looks to identify investment opportunities that have stable cash flows stemming from long-term contracts with state and the Central government counterparties across the country.

 

It currently owns 317 MW solar assets in Maharashtra and Tamil Nadu. The company has also entered into definitive agreements to acquire operating solar projects across three different states.

 

The company has invested in renewable energy businesses with over 10,000 MW total operational capacity.

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