KKR to control South Korea's $1.3 billion renewables platform with SK as AI power demand rises

KKR agreed to acquire a controlling stake in South Korea's renewable energy platform valued at $1.3 billion, according to an announcement by the companies. The deal was announced after South Korea announced three investment projects in semiconductors, AI infrastructure, and AI data centers on Monday. The specific terms and timeline for the acquisition were not disclosed in the announcement.

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