KKR Sets Sights on Viridor Sale

In a bold move that underscores the booming interest in sustainable infrastructure, KKR & Co. Inc. is gearing up to put its UK-based recycling powerhouse, Viridor Ltd., on the market this September. With a staggering price tag of £7 billion, this sale is poised to attract a flurry of attention from major players in the infrastructure sector.

Potential Buyers Lining Up

Among the frontrunners are CK Hutchison Holdings Ltd.'s infrastructure division and Equitix Investment Management Ltd., though insiders hint at a broader field of suitors ready to throw their hats in the ring. This sale not only highlights Viridor's value but also the growing appetite for green infrastructure investments.

A Profitable Journey

KKR's acquisition of Viridor in 2020 from Pennon Group plc for £4.2 billion has proven to be a strategic masterstroke, setting the stage for what could be one of the year's most significant deals in the recycling and infrastructure space.