KKR Makes Largest Ever Clean Energy Investment With $4.2B EDF Purchase

AI Summary

KKR has agreed to purchase EDF Power Solutions North America for $4.2 billion, marking its largest renewable energy investment to date. The acquisition adds over 5.6 gigawatts of clean power assets, including wind, solar, and battery storage, supporting growing electricity demand for AI data centers and other applications.

Global investment firm KKR has agreed to acquire EDF Power Solutions North America in a landmark $4.2-billion deal, marking the largest single renewable energy investment in the company’s history. The purchase gives KKR immediate control of one of North America’s largest clean power portfolios, adding more than 5.6 gigawatts of operating wind, solar, and battery storage assets as investors race to secure electricity generation for AI data centers and other fast-growing sources of power demand. The acquisition instantly makes KKR one…