SK Group is reportedly nearing a deal to sell a portfolio of its renewable energy assets to KKR & Co. for approximately $1.3 billion. This move is part of SK Group’s broader restructuring efforts to strengthen its balance sheet and improve management efficiency. Following the transaction, SK Group units and KKR are expected to inject fresh capital into a joint venture.
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SK Group nears $1.3 bn renewable energy asset sale to KKR, set to form JV
SK Group is reportedly nearing a deal to sell a portfolio of its renewable energy assets to KKR & Co. for approximately $1.3 billion. This move is part of SK Group’s broader restructuring efforts to strengthen its balance sheet and improve management efficiency. Following the transaction, SK Group units and KKR are expected to inject fresh capital into a joint venture.