KKR Announces Investment Of Approximately $750M In Zenobē To Accelerate Global Transport Decarbonisation And Provide Essential Grid Services
Portfolio Pulse from Benzinga Newsdesk
KKR, a global investment firm, is investing approximately $750m in Zenobē, a leader in transport electrification and battery storage solutions. The investment aims to accelerate the global decarbonisation of diesel fleets and provide essential grid services. Infracapital, the infrastructure equity investment arm of M&G Plc and current majority shareholder, will also invest alongside KKR, with both becoming joint majority shareholders.
September 07, 2023 | 10:06 am
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POSITIVE IMPACT
KKR's investment in Zenobē could potentially enhance its portfolio with a leading company in the decarbonisation sector. This could potentially increase KKR's attractiveness to investors interested in sustainable investments.
The investment in Zenobē could potentially enhance KKR's portfolio with a leading company in the decarbonisation sector. This could potentially increase KKR's attractiveness to investors interested in sustainable investments, which could have a positive impact on KKR's stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100