KKR has provided $750 million in financing to Chandra Asri Group, a provider of energy, chemical and infrastructure solutions in Southeast Asia. The investment will support the group’s growth strategy and its acquisition of Esso-branded retail fuel station network from ExxonMobil in Singapore.
The financing solution was arranged by KKR Capital Markets and anchored by KKR’s private credit and insurance platforms.
Chandra Asri Group serves diverse industries such as manufacturing; the trading of chemicals, petrochemicals and synthetic rubber; and the management of infrastructure assets. In 2024, the group embarked on a strategic transformation to build a connected energy infrastructure ecosystem and provide fundamental support to strategic sectors across the region. Its acquisition of ExxonMobil’s Esso-branded retail fuel station network in Singapore is a key part of this strategy.
Since 2019, KKR has committed more than $8 billion across around 60 credit in
