KKR Agrees To Acquire EDF Power Solutions’ North American Operations for $4.2B
Acquisition of Leading Provider of Low-Carbon Energy Solutions Represents KKR's Largest Individual Investment in the Renewables Sector KKR, a leading global investment firm, today announced that KKR has agreed to acquire the operations and assets of EDF power solutions in the United States (EDF power solutions Inc.) and Canada (EDF power solutions Canada Inc.) from EDF group, one of the world's largest power producers. This transaction values the equity interest in EDF power solutions Inc. and EDF power solutions Canada Inc. at approximately $4.2 billion, with potential additional payments of up to $0.39 billion. Collectively, these businesses represent EDF power solutions’ North American renewable operations.
Acquisition of Leading Provider of Low-Carbon Energy Solutions Represents KKR's Largest Individual Investment in the Renewables Sector KKR, a leading global investment firm, today announced that KKR has agreed to acquire the operations and assets of EDF power solutions in the United States (EDF power solutions Inc.) and Canada (EDF power solutions Canada Inc.) from EDF group, one of the world's largest power producers.
This transaction values the equity interest in EDF power solutions Inc. and EDF power solutions Canada Inc. at approximately $4.2 billion, with potential additional payments of up to $0.39 billion.
Collectively, these businesses represent EDF power solutions’ North American renewable operations.