Actis acquires four road assets worth Rs 15 billion from Patel Infrastructure

Actis is set to acquire a portfolio of operational and under-construction hybrid annuity model road assets from Patel Infrastructure Limited valued at Rs 15 billion ($180 million). The deal includes two operational assets, with plans to acquire two more upon completion. Reportedly, the equity value of the transaction ranges between Rs 8-Rs 9 billion; however, the exact figure remains undisclosed. These assets, awarded by NHAI, offer fixed revenues with interest rate indexation features, making them attractive investments.