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US-based KKR gets CCI nod to acquire stake in Gentari Renewables

Global investment major KKR has received the competition watchdog CCI's approval to acquire a stake in Gentari Renewables India, a clean energy platform of Malaysia's energy giant PETRONAS. KKR is making the investment through its affiliate Sapphire US HoldCo (USA), LLC, which will subscribe to certain securities of Gentari Renewables India Pte Ltd, the Competition Commission of India (CCI) said on Tuesday. Gentari Renewables India Pte Ltd is engaged in the provision of power generation through…

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Business StandardCenter·1h ago
US-based KKR gets CCI nod to acquire stake in Gentari Renewables
Global investment major KKR has received the competition watchdog CCI's approval to acquire a stake in Gentari Renewables India, a clean energy platform of Malaysia's energy giant PETRONAS. KKR is making the investment through its affiliate Sapphire US HoldCo (USA), LLC, which will subscribe to certain securities of Gentari Renewables India Pte Ltd, the Competition Commission of India (CCI) said on Tuesday. Gentari Renewables India Pte Ltd is engaged in the provision of power generation through…
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US-based KKR gets CCI nod to acquire stake in Gentari Renewables

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US-based KKR gets CCI nod to acquire stake in Gentari Renewables

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