KKR launches platform to acquire renewable energy assets in India

Private equity firm KKR has launched Virescent Infrastructure, a platform to acquire renewable energy assets in India. Virescent aims to expand its portfolio of operational renewable energy assets, facilitated by investments predominantly made through KKR’s infrastructure fund. It currently owns 317 MW of solar assets located in Maharashtra and Tamil Nadu. KKR has also entered into definitive agreements to acquire other operating solar projects across three other states.