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KKR in $235 Million SK Eternix Deal as Iran War Roils Markets

Bloomberg Markets
Friday, March 6, 2026 at 2:57 AM
~4 min read
Energy

Original Report

KKR & Co. will acquire a 348 billion won ($235 million) stake in South Korean renewable energy firm SK Eternix Co., stepping up its climate and environmental investments and underscoring its appetite...

KKR & Co. will acquire a 348 billion won ($235 million) stake in South Korean renewable energy firm SK Eternix Co., stepping up its climate and environmental investments and underscoring its appetite for dealmaking despite market volatility stemming from the Iran war.

Glass House Analysis

Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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