India, July 27 -- Funds managed by KKR will commit A$500 million to strategically partner with CleanPeak Energy to rapidly grow its distributed energy platform, the Global investment firm said in a statement.

KKR noted that its investment will support CleanPeak in growing and developing a pipeline of distributed solar, battery storage and micro-grid solutions for Australia's commercial and industrial sector.

Co-founded by Philip Graham and Jon Hare in 2017, CleanPeak is a provider of fully financed, integrated solar-and-storage systems for blue-chip corporates across Australia. The company operates over 50 distributed generation sites across Australia including over 140MW of Solar Assets and 35MWH of Battery Energy Storage System projects...