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TIGER INFRASTRUCTURE PARTNERS EXITING ZENOBĒ, WHICH IT HELPED SCALE TO LEADERSHIP IN BATTERY STORAGE AND ELECTRIC VEHICLE FLEETS, VIA KKR-LED CAPITAL RAISE

PR Newswire - Thu Sep 7, 2023

NEW YORK and LONDON, Sept. 7, 2023 /PRNewswire/ -- Tiger Infrastructure Partners today announced the sale of its interest in London-based portfolio company Zenobē to KKR, a leading global investment firm, and Infracapital, the infrastructure equity investment arm of M&G Plc and a current investor in Zenobē. The transaction marks Tiger's successful exit from an investment that exemplified its innovative, transformational growth capital strategies for middle-market infrastructure. Tiger supported Zenobē's dynamic rise from early concept to global leadership in grid-scale battery storage and fleet electrification.

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