Edelweiss Alternatives completes Rs 60 billion acquisition of L&T IDPL
Edelweiss Alternatives has successfully concluded the acquisition of L&T Infrastructure Development Projects (LTIDPL) for Rs 60 billion.
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Ferrovial acquires $800 million stake in IRB Infrastructure Trust
Spanish infrastructure developer Ferrovial, through its unit Cintra, has agreed to acquire a 24 per cent stake in IRB Infrastructure…
Read MoreAG Dynamic Funds acquires 12.79 per cent stake in Roadway Solutions India Infra
AG Dynamic Funds Limited, focusing on investments in India, has announced a $120.48 million investment for a 12.79 per cent…
Read MoreCDPQ in talks to acquire Ashoka Concessions’ Road projects
CDPQ is currently in negotiations to acquire five operational road projects from Ashoka Concessions Limited, a subsidiary of Ashoka Buildcon.
Read MoreActis to acquire four road assets worth 15 billion acquisition from Patel Infrastructure
Actis is set to acquire a portfolio of operational and under-construction HAM road assets from Patel Infrastructure Limited (PIL) valued at Rs 15 billion ($180 million).
Read MoreKKR-Backed highways infrastructure trust acquires 12 road projects for Rs 90.05 billion
KKR-backed highways infrastructure trust (HIT) has acquired 12 road projects from PNC Infratech and PNC Infra Holdings.
Read MoreNIIF’s Rs 100 billion roads portfolio attracts interest from infrastructure funds
Several prominent global and domestic infrastructure funds, including KKR, are actively pursuing the potential acquisition of the National Investment and Infrastructure Fund’s (NIIF) road assets.
Read MoreNHAI grants TOT bundles 13 & 14 valued at Rs 93.84 billion
The NHAI has exceeded its 2023-24 monetisation target by awarding toll, operate, and transfer (TOT) bundles 13 and 14 for a total of Rs 93.84 billion.
Read MoreCDPQ and Actis finalise discussions for Ashoka Concession’s BOT road assets
Canada’s CDPQ and UK based Actis are in the final stages of discussions to acquire the build-operate-transfer (BOT) toll road assets of Ashoka Concessions, a subsidiary of highways builder Ashoka Buildcon.
Read MoreIRB’s subsidiary inks Rs 44.28 billion concession deal with NHAI
IRB Infrastructure Developers’ subsidiary, IRB Lalitpur Tollway, has finalised a concession agreement with the National Highways Authority of India (NHAI) for the toll-operate-transfer (TOT) project on NH-44, the Lalitpur-Sagar-Lakhnadon section in Uttar Pradesh and Madhya Pradesh.
Read MoreITNL receives approval for transfer of entire equity stake of JSEL to Sekura Roads
IL&FS Transportation Networks Limited (ITNL) received the approval for transfer of 100 per cent equity stake of Jorabat Shillong Expressway Limited (JSEL), a special purpose vehicle (SPV), incorporated for implementation of the Jorabat-Shillong (Barapani) Four Laning Highway Project (NH-40) to Sekura Roads Limited at an enterprise value of Rs 9,169 million on December 1, 2020
Read MoreJ. Kumar-NCC Private Limited incorporated for implementation of Phase IIIB of Goregaon-Mulund Link Road
The joint venture (JV) of J. Kumar Infraprojects Limited and NCC Limited incorporated J. Kumar-NCC Private Limited for implementation of Phase IIIB of the Goregaon-Mulund Link Road (GMLR) – Tunnel Project on October 13, 2023.
Read More3 firms in race to acquire 8 road projects worth Rs 60 billion from Reliance
Reliance Infrastructure Limited is currently in active advance talks with various funds for the sale of its 8 toll road assets.
Read MoreIL&FS Engineering to pare debt after asset sale
IL&FS Engineering and Construction Company plans to redeem its optionally convertible redeemable preference shares and non-convertible shares and reduce debt by more than Rs 3 billion following the sale of its Bangalore Elevated Tollway (BETPL) to private equity firm KKR.
Read MoreActis LLP to acquire five road projects from Patel Infrastructure
Actis LLP is set to acquire five road projects from Patel Infrastructure Limited worth Rs 7531.86 million.
Read MoreKKR InvIT completes Rs 30 billion acquisition of four road assets from Macquarie India
Highways Infrastructure Trust (HIT), an infrastructure investment trust owned by KKR, has successfully acquired four road assets from Macquarie India in a significant deal valued at Rs 30 billion.
Read MoreVinci Highways plans to acquire Vindhyachal Expressway (VEPL)
Vinci Highways is planning to acquire Vindhyachal Expressway (VEPL) sponsored by JMC Projects, a subsidiary of Kalpataru Power Transmission.
Read MoreShrem InvIT tweaks financing plan to buy two highway assets
Shrem InvIT has modified its acquisition financing strategy for two operational highway projects.
Read MoreIndinfravit completes acquisition of road assets worth Rs 82.70 billion from Brookfield
IndInfravit, InvIT set up by Larsen & Toubro, has completed the acquisition of four operational road projects ….
Read MoreKKR to acquire 12 road projects from PNC
Highways Infrastructure Trust, an Infrastructure Investment Trust (InvIT) formed by KKR is likely to acquire 12 road projects worth Rs 90 billion from PNC Infratech Limited
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