Grapevine: Norfund, AIIB eye IndiGrid’s new platform; suitors line up for Yes Bank

By Sreeja Biswas

  • 11 Jul 2024
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Credit: Reuters

Norfund and German development finance institution DEG are among the investment firms considering a stake in KKR-backed India Grid Trust’s (IndiGrid) new power transmission platform, valued at approximately $250 million (Rs 2088 crore), a media report said.    Other potential investors include British International Investment Plc., the Asian Infrastructure Investment Bank (AIIB), and ......

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