InvestorQ : Why is KKR investing in Serentica Renewables?
Sam Eswaran made post

Why is KKR investing in Serentica Renewables?

Moii Chavate answered.
3 weeks ago

Leading private equity firm, Kohlberg Kravis Roberts or KKR, will invest close to $400 million in Serentica Renewables. Incidentally, this is a decarbonization platform launched by the Vedanta group under the leadership of Anil Agarwal. Serentica essentially caters to the green energy needs of commercial and industrial consumers. The company plans to build 1.5 GW of solar, wind and energy storage capacity across 3 states. However, close to 600 MW, or about 40% of its total installed capacity, will be purely used captively by the Vedanta group. KKR has been a big bull on the Indian renewable energy opportunity.