KKR splashes out £1.6 billion on ContourGlobal

Tuesday, 17 May 2022, 9:19 am

It would appear the buy-out the buccaneers at KKR have got their bit between the teeth for European renewable energy companies.

Today, KKR has agreed a take private for London-listed CounterGlobal, the owner and operator of contracted power generation plants, for 263.3p a share or around £1.6 billion.

That deal comes soon after KKR's $1.7 billion purchase of Albioma, a France-listed solar and biomass producer.

So, what's the next renewable energy target for the buy-out giant ... ?..

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