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Private Equity

KKR acquires $235m stake in SK Eternix

privateequitywire

3 months ago

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KKR has agreed to acquire a KRW348bn won ($235m) stake in South Korean renewable energy company SK Eternix, increasing its exposure to climate and environmental investments despite heightened market volatility linked to the Iran war, according to a report by Bloomberg.
The US private equity firm will reportedly purchase a combined 43.5% stake in SK Eternix from SK Discovery and local private equity firm Hahn & Co. The deal will see SK Discovery sell its entire 30.98% holding, while Hahn &amp...

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