Cube Highways InvIT has entered into an SPA with the NIIF to acquire two road assets valued at Rs 41.84 billion. The deal signed includes the purchase of a 100 per cent stake in Athaang Jammu Udhampur Highway Private Limited and Quazigund Highway Private Limited. The proposed acquisition will enhance the InvIT’s current asset portfolio and align with its objective of using its financing capacity to purchase high quality assets.
Trends and Outlook: Array of initiatives revive stakeholder interest
The road sector has undoubtedly started showing signs of recovery after a slowdown lasting almost three years. […]
Emerging Financing Avenues: Trends across the energy, water and telecom sectors
India’s infrastructure financing landscape has undergone a transformation, progressively moving beyond traditional budgetary sources towards more sophisticated and innovative strategies. Historically, critical infrastructure sectors such as roads, railways, ports, and urban rail have relied on […]