New York headquartered KKR & Co. Inc., will make the bulk of the investments in Hero Future Energies along with parent Hero Group that controls India’s largest motorcycle maker Hero MotoCorp, bringing the rest. With this investment, Hero Future Energies will increase the company’s renewable energy generation capacity across various...
KKR's New Asia-Focused Fund Targets $15 Billion
Global private equity group KKR & Co Inc has targeted a record $15 billion for a new Asia-focused buyout fund. Groups such as Bain Capital, Blackstone, Carlyle, and KKR are increasingly focusing on Asian investments as lower valuations and corporate restructuring have created new opportunities in key markets. An Asian...
KKR to Acquire Controlling Stake in India Grid Trust
With an eye on India's rapidly growing power sector, global investment firm KKR & Co Inc is leading a deal to acquire a controlling stake in India Grid Trust (IndiGrid) -- India’s first power sector Infrastructure Investment Trust established by New Delhi-based Sterlite Power Grid Ventures Limited, to own inter-state...