If you were in any doubt about the critical role that energy infrastructure will play in delivering the energy transition, look no further than deals being done by private equity investors seeking exposure to this segment.
Sempra Energy yesterday struck a pretty big deal to sell global investment firm KKR a 20% stake in its new North American infrastructure division for $3.37 billion, valuing the enterprise at more than $25 billion (including $8.37 billion of asset debt).
That's the lead story in today's Energy Flux, the premium newsletter of choice for discerning energy transition aficionados. Sign up for a free trial today (ends this week) at: www.energyflux.news
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