Kenon’s Subsidiary Gains $300M Renewable Investment
Company Announcements

Kenon’s Subsidiary Gains $300M Renewable Investment

Kenon (KEN) has released an update.

Kenon Holdings Ltd. has announced a significant $300 million equity investment by Harrison Street, a U.S. private equity infrastructure fund, in the renewable energy business of its subsidiary CPV Group. The investment secures a 33.33% stake in CPV Renewable Power LP and is part of a transaction valuing the subsidiary at approximately $600 million pre-money. The deal includes conditions such as regulatory approvals and is expected to be completed within the next three months.

For further insights into KEN stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskKenon’s OPC Expands Stakes in U.S. Power Plants
TipRanks Auto-Generated NewsdeskKenon Secures Major Investment for Solar Project
TipRanks Auto-Generated NewsdeskKenon Subsidiary Advances Major Solar Project
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App