Avantus

PV power plants manufacturer

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June 2024 Completed the acquisition by KKR three months after the initial announcement.
March 2024 Announced that US private equity company KKR acquired a majority stake in the company for an undisclosed amount, two years after being rebranded as Avantus.
2022 Secured $400 million in financing from institutional investor EIG, in the same year the University of California filed a lawsuit against the firm.
2020 Received investments from the University of California system, J.P. Morgan Asset Management, and Upper Bay Infrastructure Partners to fund solar project development.
2019 Signed a 25-year pact with Los Angeles Department of Water and Power.
July 2019 Sold the Holstein solar project to Duke Energy, marking the company's first completed development in Texas, featuring approximately 709,000 solar panels on 1,300 acres in Wingate, Texas.
2018 Raised $200 million through a joint venture with J.P. Morgan Asset Management and Upper Bay Infrastructure Partners for its pipeline of utility-scale solar projects.
2014 Kern County Board of Supervisors approved development of Redwood Solar Farm, which received a $30 million investment from Macquarie Capital.

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