InvITs/REITs

NHAI has set up a four-member search-cum-selection panel to manage its upcoming infrastructure investment trust (InvIT). As a part of the process for setting up the InvIT, a new company is being formed to act […]

Tata Power Limited plans to set up an InvIT for its renewable energy assets and look for investors as part of a broader plan that also involves selling non-core units to slash debt. The company’s […]

The Abu Dhabi Investment Authority (ADIA) has revived talks to invest close to $1 billion (about Rs 75 billion) in Reliance Industries’ InvIT, Jio Digital Fibre, for up to a 25 per cent stake. This […]

  IndiGrid has approved a proposal to acquire Gurgaon Palwal Transmission Limited (GPTL), valued at Rs 10.8 billion, from Sterlite Power Transmission Limited. The acquisition will increase the assets under IndiGrid’s management by 10 per […]

As part of the monetisation of Sadbhav Infrastructure Project Limited’s nine operational road projects to L&T-run IndInfravit Trust, the InvIT has allotted 188.9 million units at a price of Rs 1.17 per unit to certain […]

NHAI is planning to raise about Rs 400 billion through monetisation of its highway assets through an InvIT. Besides, the authority has identified a number of completed road projects valued at about Rs 600 billion […]

The board of IL&FS Transportation Networks Limited (ITNL) has approved the setting up of a new arm to manage a proposed infrastructure investment trust (InvIT). The company’s board also granted in-principle approval to transfer its […]

Edelweiss Alternative Asset Advisors Limited has commenced Phase II of fundraising for its infrastructure investment trust (InvIT) Edelweiss Infrastructure Yield Plus Fund (EIYP), and is likely to close the fund at $750 million by early […]

Reportedly, Caisse de dépôt et placement du Québec (CDPQ) is planning to set up an InvIT to house road assets acquired by the Canadian pension fund manager. It is exploring the setting up of an […]

In a bid to attract long-term investors, Bharti Airtel and Vodafone Idea Limited (VIL) are planning to turn their proposed optic fibre network joint venture (JV) into an infrastructure investment trust (InvIT). Under the planned […]

A group of global investors including Beijing-based Asian Infrastructure Investment Bank, Germany’s Deutsche Investitions-und Entwicklungsgesellschaft, the International Finance Corporation and India’s HEG Group have invested in an InvIT formed by Oriental Structural Engineers Private Limited […]

The Securities and Exchange Board of India (SEBI) has notified amendments to the regulations governing infrastructure investment trusts (InvITs) and real estate investment trusts (REITs). The key changes include reduction of the minimum subscription from […]

Global investment firm Kohlberg Kravis Roberts & Company (KKR) is likely to acquire up to 74 per cent stake in Sterlite Investment Managers Limited as well as purchase a sizeable portion of units in its […]

Piramal Enterprises Limited and the Canada Pension Plan Investment Board (CPPIB) have signed an initial pact to co-sponsor a renewable energy-focused InvIT. The InvIT will have an initial corpus of $600 million (Rs 41.6 billion) […]

Reliance Jio has transferred control of its fibre unit, Jio Digital Fibre Private Limited (JDFPL), and tower unit, Reliance Jio Infratel Private Limited (RJIPL), to two infrastructure investment trusts (InvITs) – the Digital Fibre Infrastructure […]

OMERS Infrastructure Management, Inc. has acquired a 22.4 per cent interest in the infrastructure investment trust (InvIT) of L&T Infrastructure Development Projects Limited for Rs 8.7 billion ($122 million). This is OMERS’ first investment in […]

The Securities and Exchange Board of India (SEBI) has introduced guidelines that allow listed infrastructure investment trusts (InvITs) to raise capital by way of preferential allotment to institutional investors. InvITs can now allot units to […]