Actis, KKR look at Macquarie road assets

Private equity and infrastructure investment firms are competing to acquire nine highway projects put on the block by the Macquarie Group. Cube Highways, Sekura Infrastructure Fund of Edelweiss Group, and private equity firms including Actis and KKR have expressed their initial interest in acquiring the projects totalling to around $1 billion. The projects spanning a total of 680-km projects are in Andhra Pradesh and Gujarat.