KKR's $4.2 billion deal for EDF's North American renewable operations is the firm's largest individual investment in the renewables sector. KKR is funding this acquisition directly from its global infrastructure strategy as it deploys more than $26 billion globally across renewables and energy transition investments to date. KKR says the deal gives it control of one of the top ten owners of renewable energy capacity in the U.S., with a diversified portfolio spanning solar, wind, and battery storage.
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