KKR, Ontario Teachers’ and PSP Investments conclude acquisition of Spark Infrastructure

KKR, Ontario Teachers’ Pension Plan Board and Public Sector Pension Investment Board (PSP Investments) have completed the acquisition of all issued securities of Spark Infrastructure in an all-cash transaction for approximately AUD5.2 billion (US$3.7 billion). All regulatory approvals have been obtained.

Spark Infrastructure invests in essential energy infrastructure businesses within Australia, which serve over 5 million homes and businesses, and are deeply involved in supporting the transition of Australia’s electricity grid to one that is increasingly reliant on renewable energy.