middle.news

HMC Capital Secures $603 Million KKR Backing to Accelerate Illuma Energy Growth

9:13am on Friday 26th of June, 2026 AEST Energy
Read Story

HMC Capital Secures $603 Million KKR Backing to Accelerate Illuma Energy Growth

9:13am on Friday 26th of June, 2026 AEST
Key Points
  • KKR to invest up to $603 million in Illuma Energy platform
  • HMC’s capital exposure reduced to around $190 million post-close
  • HMC to earn $35 million establishment fee and $7 million annual fees
  • Financial close expected by 30 June 2026
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Hmc Capital (ASX:HMC)
OPEN ARTICLE