Private capital giant KKR has fallen away from NOJA Power’s $1 billion sale process, leaving fellow global buyout firms Blackstone and EQT Partners to battle it out ahead of the auction’s final round next month.
Ellerston Capital’s David Keelan is banking on a killer paydown from NOJA Power. AFR
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com