From Dealroom · · 40s
KKR Invests $632M in Gentari Renewable India
KKR secures $632M investment for Petronas-backed Gentari Renewable India's green energy projects.
In brief
KKR secures $632M investment for Petronas-backed Gentari Renewable India's green energy projects. KKR commits $632M to Gentari Renewable India, a Petronas-backed clean energy firm, to fund renewable and green hydrogen projects in India. Originally reported by Dealroom.
Investment Details
KKR will invest more than US$814.8M in Gentari Renewable India, a clean energy arm backed by Malaysia's Petronas.
Funding Purpose
The funds support Gentari's renewable and green hydrogen projects and help manage its debt.
Next Steps
The deal awaits clearance from India's competition regulator and requires a financial partner for scaling projects.
The one thing
KKR commits $632M to Gentari Renewable India, a Petronas-backed clean energy firm, to fund renewable and green hydrogen projects in India.
