Published: 18 August 2020 18 August 2020
DNV GL carried out a vendor’s technical due diligence on behalf of Kohlberg Kravis Roberts & Co. Partners (KKR) for divestment purposes from a global portfolio of renewable energy assets, Acciona Energía Internacional, where KKR held a 33.33% stake and with Acciona as a majority shareholder.
The portfolio consists of 49 wind farms, two solar PV plants and one concentrated solar power plant, all in operation, located across eleven countries and totaling around 2.5 GW of installed capacity. The scope included the assessment and review of aspects such as energy production, technology, operation and maintenance arrangements, historical performance and remaining lifetime. Following the due diligence process, the transaction was successfully closed in April 2020.