KKR and HASI add another $1 billion to sustainable infrastructure co-investment strategy
Private equity giant KKR and Hannon Armstrong Sustainable Infrastructure Capital launched CarbonCount Holdings with $1 billion each last May to co-invest in sustainable infrastructure in the US.
The private equity firms are now investing another $500 million each to continue supporting “long-term, flexible capital to high-quality sustainable infrastructure projects,” said KKR’s Cecilio Velasco.
With leverage, the initiative has the capacity to invest $5 billion by early 2027.
The partners’ fresh capital injection “reflects the strong momentum we are seeing across the strategic partnership and our conviction in the opportunity set ahead,” said Velasco.
