November 10, 2026: KKR has received approval from the Competition Commission of India (CCI) to acquire a stake in Gentari Renewables India, a clean energy platform backed by Malaysia’s Petroliam Nasional Berhad (PETRONAS). The clearance advances the global investment firm’s proposed entry into the company’s Indian renewable energy business.

KKR will make the investment through its affiliate Sapphire US HoldCo (USA), which will subscribe to specified securities of Gentari Renewables India. The CCI announced the approval on Tuesday under the competition law framework governing transactions that cross prescribed asset or turnover threshold. 

(Source: Construction World)