KKR secures commitment from UAE's $30bn ALTÉRRA for its global climate transition strategy
KKR has secured a commitment from ALTÉRRA’s Acceleration Fund for its Global Climate Transition Strategy, further cementing the Abu Dhabi-based vehicle’s position as one of the most active mobilisers
ALTÉRRA, launched at COP28 with a $30bn commitment from the UAE, operates as a blended finance vehicle designed to attract private capital into the energy transition through de-risking structures.
The financial terms of the commitment were not disclosed.
It has previously announced partnerships with BlackRock, Brookfield Asset Management, and TPG. The KKR…
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