Announced
Completed
Financials
Tags
infrastructure fund
Australia
Majority
Single Bidder
Public
Infrastructure Funds
Private Equity
Acquisition
Cross Border
Friendly
Completed
Synopsis
Investment companies KKR, Ontario Teachers’ and PSP Investments completed the acquisition of Spark Infrastructure, an Australian investment fund which owns and manages a portfolio of electricity infrastructure assets, for $3.7bn. “We are excited to invest in Spark Infrastructure, which is a world-class business that plays a critical role in Australian communities. Alongside Ontario Teachers’ and PSP Investments, we look forward to working with the management teams of Spark Infrastructure and its portfolio companies, to support the business’ objectives to improve grid stability and build secure, high-quality and cost-effective electricity infrastructure for customers across the country," Andrew Jennings, KKR Director.
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