KKR and Infracapital completed the £870m investment in Zenobē.

Investment companies KKR, Infracapital and Pantheon completed the £870m investment in Zenobē, an EV fleet and grid-scale battery storage specialist. KKR has agreed to invest c.£600m into Zenobē, with existing investor Infracapital agreeing to invest a further c.£270m and Pantheon co-investing alongside Infracapital £35m. This marks the exit of Tiger Infrastructure Partners from Zenobe. "This major investment in the next stage of Zenobē's growth, by one of the leading names in infrastructure private equity, culminates a journey of first-mover leadership by the company's founders and Tiger. Zenobē's visionary management catapulted the company to the forefront of the energy transition worldwide by creating the first global, grid-scale battery energy storage company, and first to provide a full EV fleet solution," Emil W. Henry, Tiger Infrastructure Partners CEO.