KKR seeks $12 bn to fund energy assets, projects

15 Mar 2021 Editorial Team

The fundraising decision comes as US President Joe Biden has been pushing US lawmakers to back a plan for trillions of dollars in new spending on projects to restore America's crumbling infrastructure.

KKR began raising the fund, KKR Global Infrastructure Investors 4, late last year alongside its other flagship funds, including the North America private equity fund, which aims to attract more than $15 billion.

Private equity firms tend to raise successor funds that are 10% to 20% larger than their predecessors. But KKR's latest global infrastructure fund would be significantly bigger than KKR Global Infrastructure Investors 3, which amassed $7.4 billion from investors in 2018.

4th Indian Cement Review Conference 2021

17-18 March

Click for event info

The prior funds, KKR Global Infrastructure Investors 2 and KKR Global Infrastructure Fund had raised $3.1 billion and $1 billion, respectively. As we have reported earlier, KKR said in January that it had raised $3.9 billion for its first Asia-Pacific infrastructure fund, surpassing the largest pool of cash in the region for investments in everything from renewable energy and waste management to communication towers. To achieve that funding, KKR had tapped three dozen investors in Europe, USA, the Middle-East and Asia-Pacific.

KKR's third and second infrastructure funds have generated 0.97 times and 1.49 times, respectively, of their investors' money as of March 2020, according to the New York City Police Pension Fund.

Some of the company’s recent investments include Canadian pipeline company Coastal GasLink, Indian power transmission developer IndiGrid Trust and Florida-based renewables energy operator Nitrogen Renewables.

KKR is a global investment firm that offers alternative asset management and capital markets, and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds.

Image Source

Also read: KKR arm floats InvIT for green energy

American global investment firm KKR and Co Inc plans to raise $12 billion for its flagship global fund that will invest in infrastructure assets such as oil and gas pipelines and renewable energy projects. The fundraising decision comes as US President Joe Biden has been pushing US lawmakers to back a plan for trillions of dollars in new spending on projects to restore America's crumbling infrastructure. KKR began raising the fund, KKR Global Infrastructure Investors 4, late last year alongside its other flagship funds, including the North America private equity fund, which aims to attract more than $15 billion. Private equity firms tend to raise successor funds that are 10% to 20% larger than their predecessors. But KKR's latest global infrastructure fund would be significantly bigger than KKR Global Infrastructure Investors 3, which amassed $7.4 billion from investors in 2018.4th Indian Cement Review Conference 202117-18 March Click for event info The prior funds, KKR Global Infrastructure Investors 2 and KKR Global Infrastructure Fund had raised $3.1 billion and $1 billion, respectively. As we have reported earlier, KKR said in January that it had raised $3.9 billion for its first Asia-Pacific infrastructure fund, surpassing the largest pool of cash in the region for investments in everything from renewable energy and waste management to communication towers. To achieve that funding, KKR had tapped three dozen investors in Europe, USA, the Middle-East and Asia-Pacific. KKR's third and second infrastructure funds have generated 0.97 times and 1.49 times, respectively, of their investors' money as of March 2020, according to the New York City Police Pension Fund. Some of the company’s recent investments include Canadian pipeline company Coastal GasLink, Indian power transmission developer IndiGrid Trust and Florida-based renewables energy operator Nitrogen Renewables. KKR is a global investment firm that offers alternative asset management and capital markets, and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. Image Source Also read: KKR arm floats InvIT for green energy

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..