AXA and ACCIONA Acquire KKR’s 33.33% Equity Stake in ACCIONA Energía Internacional

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AXA Investment Managers - Real Assets and ACCIONA S.A. have entered into an agreement with Kohlberg Kravis Roberts & Co. LP under which they will acquire the 33.33% equity stake currently owned by KKR’s infrastructure funds, along with some co-investors, in ACCIONA Energía Internacional. This transaction was structured and facilitated by Real Assets Advisers.

Under the current transaction, ACCIONA will increase its equity stake in AEI from 66.67% to 80.0%. AXA IM - Real Assets will acquire the remaining 20.0% equity stake becoming a partner of ACCIONA in the renewable energy sector. ACCIONA has the intention to hold a 75% equity stake in AEI, so that the subsidiary becomes part of its Spanish Tax Consolidation Group, and will look for potential investors to acquire the... ... More: Official Press Release ACCIONA

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ACCIONA, AXA, KKR, share, equity, stake, AEI, energy project, real asset, renewable energy, investment, asset life, opportunity, construction