03:15 AM EDT, 06/17/2025 (MT Newswires) -- KKR (KKR) said late Monday it has agreed to acquire Australian power producer Zenith Energy from a consortium of investors that include Pacific Equity Partners, OPSEU Pension Trust and Foresight Group.

Under the deal, the founders and management of Zenith will retain a minority stake.

Zenith has more than 710 megawatts of contracted capacity across around 15 sites, KKR said.

Closing of the deal is expected to occur in late 2025, subject to regulatory approvals.