KKR in Talks to Buy Energy Firm Encavis for Over €2 Billion
- Buyout firm in advanced negotiations on potential deal
- Germany’s Encavis runs wind and solar parks across Europe
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KKR & Co. is in talks to acquire renewable-energy producer Encavis AG in a deal that could value the German company at more than €2 billion ($2.2 billion), according to people familiar with the matter.
The buyout firm is in advanced negotiations on terms of a potential transaction, the people said, asking not to be identified because discussions are private. KKR could reach a deal as soon as next week, according to the people.