05:35 PM EDT, 10/02/2024 (MT Newswires) -- KKR (KKR) has provided Peregrine Energy Solutions with a credit facility from its managed insurance accounts, offering financing of up to $250 million, the companies said late Wednesday.

The financing will be used to fund equipment, interconnection, and offtake credit security to support Peregrine's expanding development pipeline, the companies said.

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