A post by @FirstSquawk on X.
UK Government Confirms £12 Billion Investment Announcement by RWE and KKR.
@FirstSquawk on X
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The UK government confirmed a £12 billion investment commitment from German utility RWE and U.S. private equity firm KKR, a package spanning renewable generation and related infrastructure. The announcement, flagged by First Squawk, marks one of the larger inbound capital commitments to the UK energy sector and signals continued appetite for British clean-power assets despite elevated financing costs. RWE and KKR did not disclose the split of the £12 billion between the two firms or a detailed project timetable in the initial confirmation. The deal matters as a gauge of private capital's willingness to back UK energy transition projects, and investors will watch for the final allocation between offshore wind, grid and other assets, plus any government support terms attached.
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Named in this story
UK Government, KKR (KKR), RWE
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