KKR & Co Inc. (NYSE:KKR) is one of the high-growth large-cap stocks to invest in now. On June 11, KKR & Co Inc. (NYSE:KKR) confirmed the formation of Helix Digital Infrastructure. With more than $10 billion in committed capital, the unit is to focus on the development of data centers, power generation, and connectivity infrastructure for artificial intelligence applications.
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Helix launched with more than $10 billion in total long-duration capital commitments, backed by anchor investments from KKR, Kuwait Investment Authority, NVIDIA, and Vistra. Former Amazon Web Services Chief Executive Officer Adam Selipsky is to lead the unit.
NVIDIA is to serve as the strategic partner for deploying AI infrastructure. On the other hand, Vistra is to act as the preferred power provider for the developed data centers, among other Helix investments . The company operates power generation facilities across 10 sites in the US with an expected capacity of nearly 50,000 megawatts by year’s end.
KKR & Co has built an infrastructure platform that manages over $100 billion in infrastructure assets . It also boasts of over $70 billion invested across digital and power assets.
KKR & Co. Inc. (NYSE:KKR) is a leading global alternative asset manager that invests in private equity, credit, infrastructure, and real estate. It manages investments for institutional clients, such as pension funds and endowments, offers solutions for high-net-worth individuals, and provides financing and insurance services.
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