Announced
Completed
Financials
Sources
Tags
semiconductor manufacturing
Private
Friendly
Cross Border
Private Equity
Single Bidder
Renewable Energy Equipment
Acquisition
renewable energy semiconductor
India
Minority
Completed
Synopsis
KKR, a global investment firm, completed a $400m investment in Serentica Renewables, a renewable energy semiconductor manufacturing company. “Our investment in Serentica reflects KKR’s confidence in India’s renewables sector and our commitment to advancing the energy transition in India. Energy-intensive, heavy-industry companies play an important role in society but have traditionally faced more challenges in meeting energy needs sustainably. With Serentica, we look to support these companies in their decarbonization objectives. We are delighted to back Serentica through this latest strategic partnership and are excited to develop Serentica into a leading decabonization platform that can contribute meaningfully to the energy transition requirements that lie ahead of us,” Hardik Shah, KKR Partner.
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