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