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Announced

KKR to acquire Zenith Energy from Pacific Equity Partners, OPTrust and Foresight Group.

Synopsis

KKR, a global investment firm, agreed to acquire Zenith Energy, an Australian off-grid renewable power specialist, from Pacific Equity Partners, OPTrust and Foresight Group, a consortium of investors. Financial terms were not disclosed. "Zenith has established itself as one of the clear leaders in deploying and managing hybrid power solutions in Australia, a priority market for KKR in Asia Pacific. We look forward to supporting Zenith and its management team over the next stage of growth and helping them capitalise on the significant opportunity for off-grid renewable power," Andrew Jennings, KKR Managing Director.

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