KKR Invests Up to $416 Million in HMC Capital's Energy Transition Platform in Australia
ENERGY STORAGE
KKR is investing up to A$603 million (approximately $416 million) in HMC Capital's energy transition platform, which includes 652 megawatts of operating assets and a 5.7 gigawatt development pipeline. The investment aims to expand battery storage and wind projects to enhance grid reliability in Australia. The deal is expected to close in mid-2026, pending regulatory approvals.

Feb 6, 2026, 6:10 PM