March 6 (Reuters) - Germany-based renewable energy

producer Encavis AG said on Wednesday it was in talks

with KKR & Co ( KKR ) regarding a potential deal.

New York-based KKR has been betting on rising demand for

green power. In December, the firm said it would take British

energy infrastructure company Smart Metering Systems private in

a 1.3 billion pound ($1.66 billion) deal.

Germany aims to meet 80% of its electricity needs with

renewables by 2030, up from 52% in 2023, making companies such

as Encavis an attractive target.

Encavis has a market value of more than 2 billion euros

($2.18 billion).

KKR did not immediately respond to a Reuters request for

comment.

Bloomberg News first reported deal talks between the two

companies.

($1 = 0.9174 euros)

($1 = 0.7849 pounds)

(Reporting by Emma-Victoria Farr and Arunima Kumar in

Bengaluru; Editing by Devika Syamnath)