Why did KKR invest in Solar Deal?


Please comment on your view of the deal. My view was KKR was shark on the deal and acquired assets at great price.

From FT.com at: http://www.ft.com/cms/s/0/b8161c02-b157-11e0-9444-00144feab49a.html

Kohlberg Kravis Roberts has teamed up with German insurance company Munich Re to acquire a stake in 42 solar power plants in Spain and Italy, underlining how some of the larger private equity groups are rushing into Europe’s renewable energy sector. The US private equity group said it had sided with Munich Re to buy a 49 per cent share in southern European photovoltaic power plants owned by Grupo T-Solar, one of the world’s biggest producers of such power by installed capacity. More at: http://www.ft.com/cms/s/0/b8161c02-b157-11e0-9444-00144feab49a.html#ixzz1SZhgIyrZ

Advertisements

Leave a comment

Filed under Leverage Buyout (& Management Buyout), News of the Day, Sell Your Company

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s