KKR Buys Ontario Solar Portfolio From Starwood Energy

Law360, New York (February 15, 2013, 1:42 PM EST) -- New York private equity giant KKR & Co. LP has acquired three Canadian solar panel power developments from energy private equity firm Starwood Energy Group Global LLC, continuing to build out its renewables portfolio, KKR announced Friday.

The developments, collectively known as SSM Solar, are located in Sault Ste. Marie, Ontario. The portfolio has a total combined capacity of 69 megawatts, making it second-largest photovoltaic solar facility in Canada, KKR said.

KKR acquired the solar projects from affiliates of Starwood Energy, the energy division of Greenwich,...
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