The National Highways Authority of India (NHAI) has set an ambitious fundraising target of over Rs 150 billion in the remaining four months of the 2023-24. The initiative aims to reduce NHAI’s debt and address […]
Sustainable Energy Infra Trust (SEIT), an infrastructure investment trust (InvIT) established jointly by the Mahindra Group and Ontario Teachers’ Pension Plan (OTPP), intends to go public via an initial public offering of units. SEIT aims […]
The British Columbia Investment (BCI) has acquired an additional 4.8 per cent stake in Brookfield’s Data Infrastructure Trust, tower infrastructure investment trust (InvIT). The investment was made through a block deal worth around Rs 20 […]
Reliance Retail Ventures Limited is looking to raise Rs 30.48 billion via an infrastructure investment trust (InvIT) of its warehousing and logistics infrastructure assets. Reliance Retail will hold a minimum of 25 per cent units […]
British Columbia Investment, Canadian pension fund manager, is participating in the Rs 40.33 billion offer for sale (OFS) of Brookfield’s stake in Data Infrastructure Trust, an infrastructure investment trust (InvIT) holding telecom tower assets.
Cube Highways Trust (Cube InvIT) has successfully secured Rs 10.30 billion in funding from the International Finance Corporation (IFC). The funding was raised through long-term listed NCDs. The funds raised through this transaction will be […]
NDR Warehousing, logistics solution provider, backed by Investcorp, has filed draft papers with the Securities and Exchange Board of India (SEBI) to raise approximately Rs 11 billion via the infrastructure investment trust (InvIT) route. If […]
IndInfravit, the InvIT set up by Larsen & Toubro, has completed the acquisition of four operational road projects managed by Brookfield Asset Management in an all-cash transaction valued at Rs 82.70 billion. These assets are […]
GIC, Singapore’s sovereign wealth fund, is currently evaluating an investment worth Rs 1.5 trillion in IRB Infrastructure Trust, an InvIT sponsored by IRB Infrastructure Developers. The proposed investment will be used to fund the acquisition […]
The board of directors of the India Grid Trust (IndiGrid), along with its investment manager and project manager, has approved the acquisition of 100 per cent units of the Virescent Renewable Energy Trust (VRET) at […]
Brookfield India Real Estate Investment Trust (REIT) has appointed eight investment banks for its planned equity raising of around $400 million, and is targeting the deal’s closure by July 2023 via a qualified institutional placement […]
The Ontario Teachers’ Pension Plan will acquire a 30 per cent equity stake in Mahindra Susten for an equity value of Rs 23.71 billion ($300 million). The transaction involves the setting up of an InvIT […]
The Ontario Municipal Employees’ Retirement System (OMERS) is investing over Rs 10 billion ($122 million) in the IndInfravit Trust, an infrastructure investment trust (InvIT) that it initially backed in 2019. The pension fund initially invested […]
Mindspace Business Parks’ real estate investment trust (REIT) has raised Rs 5.5 billion ($66.7 million) through a debut green bond issue. The company offered green bonds maturing in three years and one month marking the […]
The National Investment and Infrastructure Fund Limited (NIIF) is set to launch its first infrastructure investment trust (InvIT) for road assets. It intends to raise growth capital of $500 million (Rs 40 billion) from international […]
A group of investors led by Kairus Shavak Dadachanji has invested Rs 1.77 billion ($21.4 million) in Shrem Infrastructure Investment Trust (InvIT). Through open market transactions, Dadachanji and other investors acquired 15.6 million shares of […]
Reliance Industries Limited (RIL) has initiated a process that could lead to the Group unlocking value in its retail business’ backend warehousing and associated logistics assets via an infrastructure investment trust (InvIT). It has already […]
Ontario Teachers’ Pension Plan will acquire a 30 per cent equity stake in Mahindra Susten, a cleantech arm of Mahindra Group, for an equity value of Rs 23.71 billion ($300 million). The transaction involves the […]
CPP Investments has bought additional units in IndInfravit Trust, an infrastructure investment trust (InvIT), thus increasing its exposure to the Indian highways sector via a new secondary deal. The pension fund has bought units equivalent […]
KKR’s Highways Infrastructure Trust, an infrastructure investment trust (InvIT) focused on acquiring operational road assets, is looking to raise Rs 5.15 billion through a rights issue. The funds raised will be utilised to finance the […]
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