KKR completed the acquisition of a majority stake in Avantus.

KKR, an American global investment company, completed the acquisition of a majority stake in Avantus, a developer of large utility-scale solar and solar-plus-storage projects. Financial terms were not disclosed. “This announcement is a ringing endorsement of our proven team at Avantus, providing us the capital to advance our portfolio and develop high-performing, high-value clean energy projects. We are excited to work with KKR and our existing investor EIG to achieve our growth plans and build on our track record of delivering record-breaking clean energy solutions that will decarbonize our planet at scale,” Stephanie Perry, Avantus COO.