The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Sign in to access this content
Sign InAmid a resurgence in infrastructure and environmental service deals, KKR is nearing the sale of its controlling stake in Re Sustainability Ltd. According to reports, the company is projected to be valued at over $1.6 billion as the bidding process enters its final stages with key contenders emerging. KKR previously restructured the business by separating municipal waste operations to focus on industrial environmental services, a strategic move aimed at maximizing value and attracting specialized institutional investors.
The deal surfaces as the waste management sector gains significant momentum, with I Squared Capital and a consortium of TPG and CPPIB identified as the leading bidders. This $1.6 billion valuation reflects robust demand for ESG-linked assets compared to historical sector multiples, per market data. This exit aligns with KKR’s broader strategy of capital recycling following operational improvements within its portfolio companies.
Regarding market performance, KKR shares stood at $93.84 at close July 2, 2026, having traded between a day low of $92.75 and a high of $96.27. Investors are now awaiting the formal announcement of the winning bidder and the final transaction terms, which are expected to impact the firm's cash position in the coming months.