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Stock impact report

KKR Forms A$600m Energy Transition Strategic Partnership with HMC

KKR & Co. Inc. (KKR) 
Last kkr & co. inc. earnings: 1/31 06:50 am Check Earnings Report
US:NYSE Investor Relations: ir.kkr.com
Company Research Source: Business Wire
SYDNEY--(BUSINESS WIRE)--HMC Capital (ASX: HMC) and KKR, a leading global investment firm, today announced the establishment of a new strategic partnership under which KKR-managed funds will invest up to $603 million into HMC’s Energy Transition Platform (the “Platform”). The investment will introduce KKR as a strategic partner alongside HMC in the Platform’s existing 652MW operational assets and its 5.7GW BESS and wind development pipeline. KKR’s investment will support the Platform’s continued expansion, including the development of new battery storage and wind projects critical to grid reliability and Australia’s energy transition.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260205961730/en/The investment needed to fund Australia’s energy transition is considerable, and the Platform is well-placed to bring to market its significant clean energy generation capacity to support the growing energy demand from consumer, Show less Read more
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