KKR completed the acquisition of five solar energy assets of Shapoorji Pallonji Infra for $204m.

KKR completed the acquisition of five solar energy assets of Shapoorji Pallonji Infra, a diversified institution for $204m. “SP Infra and the Shapoorji Pallonji Group are recognized in India and worldwide for the high quality of their renewable energy projects, and given the government’s ambitious target of achieving 175GW of renewable energy capacity by 2022, we believe this is an attractive time to invest in this portfolio and provide even greater solar energy solutions to communities across India,” Sanjay Nayar, KKR CEO.