KKR & Co. Inc., a leading global investment firm, has announced that the British Columbia Investment Management Corporation $(BCI.AU)$ will acquire a minority stake in Pinnacle Towers, an Asia-based digital infrastructure platform primarily focusing on the Philippines. KKR will remain the majority shareholder. This strategic investment aims to support Pinnacle Towers' growth and enhance digital connectivity in the Philippines. The transaction is expected to be completed by the third quarter of 2025, pending customary regulatory approvals. BCI's investment aligns with its strategy of backing high-quality infrastructure assets alongside strong institutional partners, marking a significant milestone in Pinnacle Towers' expansion efforts.
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