KKR invests €400m in Ignis to from Ignis P2X

KKR teams up with Spanish renewables developer Ignis to form Ignis P2X, which will focus on providing hydrogen and derivatives for ‘industrial applications in hard-to-abate sectors’ New York-based global investment firm KKR has agreed to form a 50-50 joint venture with Spanish renewables developer Ignis — backed by €400m ($428.5m) from the US investor —