Kuwait's KPC says $16 bln Project Peregrine includes Blackstone, Brookfield, KKR
KKR•Project Peregrine details
Kuwait Petroleum Corporation (KPC) said on Saturday that Project Peregrine, valued at $16 billion under a lease-and-leaseback agreement, includes Blackstone, Brookfield and KKR as long-term partners and is expected to generate $7.85 billion in upfront proceeds at closing.
KPC described the project as the largest foreign direct investment in Kuwait's history.
