KKR launches Helix with over $10 billion to build AI infrastructure

KKR announced the launch of Helix Digital Infrastructure, a new company that has secured over $10 billion in committed capital to finance and develop artificial intelligence infrastructure including data centers, power systems and connectivity networks.

The founding investors include KKR, Kuwait Investment Authority, NVIDIA (NASDAQ: NVDA) and Vistra (NYSE: VST). Former Amazon Web Services CEO Adam Selipsky will lead the new company as co-founder and CEO, according to the press release.

NVIDIA will serve as a strategic partner to support deployment of its DSX AI factory infrastructure, while Vistra will act as the preferred power provider for Helix investments. Waldemar Szlezak, KKR's Global Head of Digital Infrastructure, will serve as Chief Investment Officer.

The company plans to invest in hyperscale data center development and operations, power generation, transmission and distribution infrastructure, and fiber and connectivity infrastructure. Helix aims to serve as a single coordination point for hyperscalers seeking to build AI infrastructure.

"Helix combines significant long-term capital with the capabilities and expertise to deliver holistic AI infrastructure solutions with speed and scale," Selipsky said in the announcement.

KKR's infrastructure platform manages over $100 billion in infrastructure assets and has invested more than $70 billion across digital and power assets. The firm's anchor investment in Helix is funded through its balance sheet and other managed vehicles.

Vistra operates a power generation fleet across 18 states and Washington, D.C., and has executed more than 5,000 megawatts of power purchase agreements with hyperscalers. The company expects to reach nearly 50,000 megawatts of capacity by year-end 2026.

Following the closing of founding commitments, Helix will be open to additional institutional investors.

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