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

General

11 July, 2024

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

Norfund and German development finance institution DEG are among the investment firms considering a stake in KKR-backed India Grid Trust’s (IndiGrid) ......

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KKR eyes controlling stake in India renewable energy platform

Infrastructure

22 May, 2024

KKR eyes controlling stake in India renewable energy platform

US-based private equity firm KKR is in talks to acquire a controlling stake in an Indian renewable energy platform, as it ......

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Grapevine: KKR to deploy bulk of infra fund in India, Hero Future eyes pre-IPO funding

General

23 February, 2024

Grapevine: KKR to deploy bulk of infra fund in India, Hero Future eyes pre-IPO funding

Global investment giant KKR is directing a significant portion of its newly-raised $6.4 billion pan-Asian infrastructure fund towards India, a ......

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How have InvITs fared in India as PE firms to PSUs join the bandwagon?

Infrastructure

30 June, 2023

How have InvITs fared in India as PE firms to PSUs join the bandwagon?

When IRB InvIT Fund, the country’s first infrastructure investment trust (InvIT), listed on the stock markets in May 2017, few Indians would have ever ......

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KKR-controlled IndiGrid stitching bigger debt financing deal

Infrastructure

10 May, 2023

KKR-controlled IndiGrid stitching bigger debt financing deal

India Grid Trust (IndiGrid), the infrastructure investment trust (InvIT) controlled by private equity firm KKR & Co, is finalising a ......

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IFC signs big cheque for PE-controlled infrastructure firm

Infrastructure

21 April, 2023

IFC signs big cheque for PE-controlled infrastructure firm

International Finance Corporation, the World Bank Group's private-sector investment arm, has written a large cheque worth as much as Rs ......

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South Africa's Phelan Energy Group in talks with investors to sell India portfolio

Infrastructure

25 May, 2021

South Africa's Phelan Energy Group in talks with investors to sell India portfolio

South Africa-based Phelan Energy Group Ltd is in discussions with financial investors to sell its India portfolio, two persons told ......

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Why KKR's plan to come in as IndiGrid sponsor came unstuck

Infrastructure

10 August, 2020

Why KKR's plan to come in as IndiGrid sponsor came unstuck

Private equity firm KKR & Co. stepped back from acquiring an additional stake in India Grid Trust likely because of ......

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High debt, project delays mar Sterlite Power Transmission's quest for profit

Infrastructure

15 July, 2020

High debt, project delays mar Sterlite Power Transmission's quest for profit

At first glance, Sterlite Power Transmission Ltd appears to be on a roll. Its business grew, revenue rose, asset size ......

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InvITs have been fairly resilient in the pandemic: IndiGrid's Harsh Shah

Infrastructure

29 June, 2020

InvITs have been fairly resilient in the pandemic: IndiGrid's Harsh Shah

India Grid Trust (IndiGrid), India’s first infrastructure investment trust (InvIT) in the power transmission sector, made a muted stock market ......