The decision is the first time the ACCC has blocked a Transurban toll road deal and opens the door for other investors to acquire a majority stake in EastLink.
Investors may value the resilience and inflation linkage of core infrastructure, but high interest rates mean that fundraising in the sector is challenged.
The investment in Zenobe sees it place capital ‘across two of the largest decarbonisation market opportunities in infrastructure’, according to KKR.
Senior execs Sam Pollock, Connor Teskey, Natalie Hadad and Hadley Peer Marshall take us through some of the manager’s less conventional choices, and how it’s expanded to – cautiously – embrace them.