InvITs/REITs

Edelweiss Real Assets Managers Limited, part of Edelweiss Alternatives, has announced the successful closure of the AnZen India Energy Yield Plus Trust, its maiden energy infrastructure investment trust (InvIT). The AnZen Trust is a diversified […]

The chairman of the Dadachanji Group of Companies has invested Rs 1.56 billion in Shrem infrastructure investment trust (InvIT) through a bulk purchase of 15 million units at Rs 104 per unit. This resulted in the acquisition […]

The National Highways Authority of India (NHAI) has granted approval for the transfer of the Padra-Vadodara Expressway Project (Vadodara-Mum­bai Expressway Project), which is part of the Delhi-Mumbai Expressway, from VK1 Expressway Private Limited, a wholly […]

CPP Investments has announced a Rs 3.57 billion (CAD 60 million or $43 million) equity investment in the National Highways Infra Trust. Following this transaction, CPP Investments will continue to hold 25 per cent of the units in […]

The National Highways Authority of India (NHAI)-sponsored infrastructure investment trust (InvIT), the National Highways Infra Trust has filed draft papers with the market regulator for a Rs 15 billion NCD issue. This involves the public […]

In an effort to extend its road portfolio, India’s IndInfravit Trust would acquire five operating road projects from entities owned by Brookfield Asset Management for around $1.2 billion, including debt. The agreement with Canada’s Brookfield […]

The National Highways Authority of India (NHAI) is planning to raise up to Rs 40 billion for its infrastructure investment trust (InvIT), which is set to accelerate road asset acquisition, likely by forming a new […]

The Ministry of Railways (MoR) is planning to monetise the redeveloped stations through real estate investment trusts (REITs). While the target for 2022-23 is close to Rs 300 billion, the MoR is planning to offer […]

The board of directors of IRB Infrastructure Developers Private Limited has approved a preliminary non-binding proposal for transfer of the Padra-Vadodara Expressway Project (Vadodara-Mumbai Expressway) to the IRB InvIT fund. The company has completed 22.585 […]

NHAI has received approval from the Securities and Exchange Board of India (SEBI) to launch its maiden InvIT to raise Rs 51 billion. NHAI plans to offer 19 projects worth Rs 350 billion under the […]

KKR-backed Virescent Infrastructure has floated the first infrastructure investment trust (InvIT) in the green power space and sought approval from the Securities and Exchange Board of India. The company is in the process of acquiring […]

Power Grid Corporation of India Limited (Powergrid) has filed draft papers for an initial public offering (IPO) of its first InvIT for around Rs 80 billion. Powergrid will be the first state-run entity to monetise […]

GAIL plans to launch an InvIT for its two gas pipelines between Dahej and Bengaluru ahead of a proposed splitting of the pipeline business from the gas marketing vertical. These pipelines are the Dahej-Uran-Panvel-Dabhol pipeline […]

KKR-backed Virescent Infrastructure has floated the first InvIT in the green power space and sought approval from the Securities and Exchange Board of India. The company is in the process of acquiring a portfolio of […]

The Bharat Road Network Limited (BRNL) has signed an agreement with India Highway Concession Trust, an InvIT set up by Caisse de dépôt et placement du Québec (CDPQ), for the sale of a build-operate-transfer (BOT) […]

Infrastructure Leasing and Financial Services (IL&FS) will launch its infrastructure investment trust (InvIT) soon. Through this move it will convert the outstanding debt owed to banks in 10 road projects into units of the trust. […]

Reliance Infrastructure Limited (RInfra) has completed the sale of its entire 74 per cent equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to the India Grid Trust (IndiGrid) for an enterprise value of Rs […]