KKR to Back Indian E-Bus Expansion with Up to $310 Million Investment
KKR will invest up to $310 million in a partnership with PMI Electro Mobility Solutions and its e-bus platform Allfleet India. The deal will give KKR a majority stake in Allfleet and a minority stake in PMI Electro as the companies prepare to deploy thousands of electric buses under state agreements and a national PM-eBus Sewa initiative. Closing i…