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UltraTech buys 23% stake in India Cements for $226 mn

Infrastructure

27 June, 2024

UltraTech buys 23% stake in India Cements for $226 mn

UltraTech Cement said on Thursday it will buy a 23% stake in rival India Cements for up to 18.85 billion ......

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Spotlight: CPPIB-backed NHAI InvIT on a smooth ride but faces a few bumps

Infrastructure

27 June, 2024

Spotlight: CPPIB-backed NHAI InvIT on a smooth ride but faces a few bumps

Earlier this month, the National Highways Authority of India (NHAI), the government-owned highway developer, unveiled a new corporate strategy for ......

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Mindspace Business Parks REIT raising $150 mn from international investor

Infrastructure

25 June, 2024

Mindspace Business Parks REIT raising $150 mn from international investor

Mindspace Business Parks REIT, a real estate investment trust focused on Grade-A office properties, is raising Rs 1,200 crore ($150 ......

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KKR moves forward with plan to exit Indian infra portfolio firm

Infrastructure

24 June, 2024

KKR moves forward with plan to exit Indian infra portfolio firm

Private equity firm KKR is moving forward with a plan to exit an Indian infrastructure portfolio company after selling its ......

ADNOC gets access to German firm Covestro's books after $12.5-bn takeover offer

Infrastructure

24 June, 2024

ADNOC gets access to German firm Covestro's books after $12.5-bn takeover offer

German chemicals firm Covestro is giving ADNOC access to its books and stepping up talks based on an improved 11.7 ......

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India, Africa-focused Husk Power to weigh IPO, enter new markets in growth push

Infrastructure

24 June, 2024

India, Africa-focused Husk Power to weigh IPO, enter new markets in growth push

Husk Power Systems, an India- and Africa-focused renewable energy company that supplies electricity to rural areas via minigrids, is exploring ......

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Meridiam-owned Rift Valley Energy secures $15-mn commitment

Infrastructure

24 June, 2024

Meridiam-owned Rift Valley Energy secures $15-mn commitment

Tanzanian renewable energy infrastructure development platform Rift Valley Energy, which is owned by Paris-based global investor and asset manager Meridiam, ......

UAE renewables company Masdar to buy Greece's Terna Energy

Infrastructure

21 June, 2024

UAE renewables company Masdar to buy Greece's Terna Energy

United Arab Emirates renewable energy company Masdar said on Thursday it has reached an agreement to buy an initial 67% ......

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Nisus Finance strikes its sixth bet from first stressed assets fund

Infrastructure

20 June, 2024

Nisus Finance strikes its sixth bet from first stressed assets fund

Mumbai-based real estate investor Nisus Finance, which is currently deploying capital from its Rs 700 crore-sized maiden stressed assets fund, ......

ESR India bets $33 mn to expand Chennai industrial park

Infrastructure

18 June, 2024

ESR India bets $33 mn to expand Chennai industrial park

Warehousing and logistics-focused real estate developer ESR India, a joint venture between ESR Group and Allianz Real Estate, has acquired ......