KKR in advanced talks to acquire German renewable energy producer Encavis AG for over €2 billion.
KKR, a global investment firm, is reportedly in advanced talks to acquire German renewable energy producer Encavis AG for over €2 billion. Encavis, facing challenging market conditions, operates plants for sustainable energy production across 12 European countries and has a total generation capacity of around 3.6 gigawatts. The acquisition would add to KKR's growing list of foreign takeovers of German businesses.
March 06, 2024
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