CleanPeak Energy, an Australia-based renewables developer and operator, has signed a definitive agreement with KKR, a global investment firm, under which funds managed by KKR commit A$500 million (~$328 million) in funding. The transaction is expected to close in the second half of 2025, subject to customary regulatory approvals. This funding is expected to support the growth and development of a pipeline of distributed solar, battery storage, and microgrid solutions for Australia’s commercial and industrial sector.