KKR invests $400 million in decarbonization platform Serentica Renewable.
- A deal has been signed by the international investment company KKR to invest $400 million in the decarbonization platform Serentica Renewable.
- According to a statement released on Tuesday, both parties have signed formal agreements to this effect, under which KKR would invest $400 million in Serentica Renewable.
- Serentica seeks to provide large-scale, energy-intensive industrial customers with 24/7 clean energy solutions.
- This involves supplying long-term Power Purchase Agreements with renewable energy options.