Private equity firm Kohlberg Kravis Roberts (KKR) joined with the world's largest reinsurance company, Munich Re, to purchase a 49% interest in solar power plants owned and operated by T-Solar Global SA. T-Solar is the largest owner-operator of solar power plants in Spain and Italy, with a generating capacity of 168 megawatts.
T-Solar will use the cash infusion to triple its solar capacity to 500 megawatts by 2014. As part of the deal, KKR and Munich Re have options to invest in future plants. Click here to read more . . . .