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KKR's India highways InvIT gets $797 mn contract

Infrastructure

23 September, 2024

KKR's India highways InvIT gets $797 mn contract

An infrastructure investment trust (InvIT) formed by private equity firm KKR & Co has won a government contract for a ......

Actis acquires four road assets from Patel Infrastructure

Infrastructure

08 February, 2024

Actis acquires four road assets from Patel Infrastructure

UK-based private equity firm Actis has acquired a portfolio of four operational highway assets from Indian infra developer Patel Infrastructure ......

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In Charts: How highway construction is slowing and how serious is NHAI's debt burden

Infrastructure

13 March, 2023

In Charts: How highway construction is slowing and how serious is NHAI's debt burden

In mid-February, speaking at a conclave, Union Road Transport and Highways Minister Nitin Gadkari said that India’s road network will ......

CPP Investments makes $43 mn follow-on investment in NHAI InvIT

Infrastructure

13 October, 2022

CPP Investments makes $43 mn follow-on investment in NHAI InvIT

Canada Pension Plan Investment Board (CPP Investments) announced an equity investment of Rs 357.5 crore (C$60 million or US$43 million) ......

CPPIB, Actis, Cube in race for Brookfield's India road portfolio

Infrastructure

06 January, 2022

CPPIB, Actis, Cube in race for Brookfield's India road portfolio

Private equity investor Actis, Canadian pension fund manager Canada Pension Plan Investment Board (CPPIB) and I Squared Capital-backed roads operator ......

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Canadian pension funds light up a muted Diwali week for dealmaking

Finance

05 November, 2021

Canadian pension funds light up a muted Diwali week for dealmaking

Private equity and venture capital investments during the Diwali week were the weakest since the beginning of 2021.  Companies raised about ......

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ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt

Finance

15 September, 2021

ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt

Three asset reconstruction firms -- Phoenix ARC, Arcion, and Asset Reconstruction Company India Ltd (Arcil) -- have bought more debt ......

Tribunal okays IL&FS claim against National Highways Authority

Finance

18 February, 2021

Tribunal okays IL&FS claim against National Highways Authority

The bankruptcy tribunal has allowed an IL&FS unit to receive the settlement claim it made against the National Highways Authority ......

Cube Highways ties up debt financing to help buy toll roads

Finance

09 September, 2020

Cube Highways ties up debt financing to help buy toll roads

Singapore-based Cube Highways and Infrastructure Pte. Ltd said it has tied up with the State Bank of India (SBI) for ......

Grapevine: NHAI to do Delhi-Mumbai expressway alone; Sequoia to invest in Razorpay

General

05 August, 2020

Grapevine: NHAI to do Delhi-Mumbai expressway alone; Sequoia to invest in Razorpay

A year after signing a memorandum of understanding (MoU) with National Highways Authority of India (NHAI) to form a special ......