KKR, a global investment firm, today announced three appointments to the firm’s global infrastructure team. Energy transition industry veterans Tim Short and Benoit Allehaut joined the firm as managing directors and Benjamin Droz as a principal. Based in New York, Short, Allehaut and Droz will focus on sourcing renewable energy and energy transition investments in North America.
“KKR is committed to investing in the energy transition, an initiative only made possible by increasing renewable energy sources. We are eager to continue investing behind this effort and thrilled to add three experienced and talented executives to our team,” said Raj Agrawal, KKR Partner and global head of infrastructure.
Messrs. Short, Allehaut, and Droz join KKR from Capital Dynamics, where Short and Allehaut served as managing directors of the firm’s dedicated clean energy infrastructure team, and where Droz served as a vice president.
“Tim, Benoit and Ben’s deep expertise and experience in renewables, storage and electrification will greatly contribute to our investments in support of a clean energy future,” said Brandon Freiman, KKR partner and head of North American infrastructure.
KKR has been an active investor in renewables investing over the last ten years, executing approximately $19.5 billion in investments in renewable assets with a power generation capacity of 12.5 GW. Over the past 12 months, KKR’s infrastructure team has made a number of investments behind this theme globally, including recent investments in or partnerships with Caruna, Finland’s largest electricity distribution company, NextEra Energy, a generator of energy from the wind and sun, Virescent Infrastructure, a platform to acquire renewable energy assets in India, and First Gen, one of the Philippines’ largest independent power producers.