KKR has forged a partnership with Crossover Energy Partners, focused on the clean energy transition.
Crossover supports renewable energy initiatives and decarbonization goals for utilities, municipalities, co-ops, community choice aggregations, investor-owned utilities, and large industrial entities by developing cost-effective and innovative solutions tailored to their specific needs.
Working as the energy transition solutions partner for KKR, Crossover will oversee the origination, development, financing, construction and long-term operation of clean energy projects in collaboration with KKR’s infrastructure team.
According to a recent report by BloombergNEF, wind and solar are anticipated to account for 56 percent of global electricity generation by mid-century and, together with batteries, will account for 80 percent of the $15.1 trillion invested in new power capacity during the next 30 years.
The partnership will focus on the origination
