KKR allocates part of its $19.2 billion fund to Gulf energy and digital projects
KKR has closed a $19.2 billion global infrastructure fund, designating a portion for resilient energy and digital infrastructure in the Gulf region.
The private-equity firm completed a massive infrastructure fund and will direct some capital toward strengthening the Gulf’s power and data networks. Over the past 18 months, KKR has already invested $5 billion in Middle-East data centres. Its Middle-East investing head said the new vehicle will back the region’s next growth phase. Recent moves include a $16 billion lease with Blackstone for Kuwait’s national pipeline, underscoring confidence despite recent drone attacks on regional data hubs.
Why it matters
The allocation signals strong investor confidence in Gulf infrastructure despite recent security concerns.
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