Zenith Energy Hybrid Power Solutions Expansion

awarded

KKR has acquired Zenith Energy, an independent power producer in Australia specializing in off-grid and hybrid power solutions. Zenith serves remote off-grid clients in the resource sector and urban microgrids in commercial, industrial, and residential areas. The company operates over 710 MW of contracted capacity across approximately 15 sites under long-term agreements. The acquisition includes a recent AUD 1.9 billion refinancing and expansion of bank debt facilities, providing over AUD 1 billion in growth capital for new energy projects, including green loan facilities to support renewable technologies and lower-emission energy solutions for mine sites.