KKR & Co. Inc. stock rose on Friday following an announcement of a strategic partnership with HMC Capital. KKR will invest up to $603 million in HMC’s Energy Transition Platform to expand renewable energy projects in Australia, supporting existing assets and significant development pipelines. This investment aligns with KKR’s commitment to climate and environmental sustainability, with the company having invested over $44 billion in these areas since 2010.
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What's Going On With KKR Stock Friday? - KKR (NYSE:KKR)
KKR & Co. Inc. stock rose on Friday following an announcement of a strategic partnership with HMC Capital. KKR will invest up to $603 million in HMC’s Energy Transition Platform to expand renewable energy projects in Australia, supporting existing assets and significant development pipelines. This investment aligns with KKR’s commitment to climate and environmental sustainability, with the company having invested over $44 billion in these areas since 2010.