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KKR-controlled IndiGrid to acquire two solar assets

Infrastructure

21 December, 2020

KKR-controlled IndiGrid to acquire two solar assets

India Grid Trust (IndiGrid), an infrastructure investment trust (InvIT), will fully acquire two solar assets operated by FRV Solar Holdings ......

IndiGrid to buy Reliance Infra's stake in asset under control deal

Infrastructure

30 November, 2020

IndiGrid to buy Reliance Infra's stake in asset under control deal

KKR & Co-backed India Grid Trust (IndiGrid), the country’s only publicly listed infrastructure investment trust (InvIT) in the power sector, ......

Grapevine: Ex-Cognizant CEO raising PE fund in America; Acme Solar to sell projects

General

21 September, 2020

Grapevine: Ex-Cognizant CEO raising PE fund in America; Acme Solar to sell projects

Former Cognizant chief executive Francisco D’Souza is raising a $1 billion (Rs 7,335 crore) private equity fund in the US ......

Sterlite Power Grid Ventures sells bulk of stake in KKR, GIC-backed IndiGrid

Infrastructure

14 August, 2020

Sterlite Power Grid Ventures sells bulk of stake in KKR, GIC-backed IndiGrid

Power transmission firm Sterlite Power Grid Ventures Pvt Ltd on Friday sold almost its entire stake in India Grid Trust ......

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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 ......

IndiGrid buys asset in Haryana for $40 mn

Infrastructure

01 June, 2020

IndiGrid buys asset in Haryana for $40 mn

India’s first power transmission infrastructure investment trust (InvIT), India Grid Trust (IndiGrid), said that it has bought a 100% stake ......

KKR, GIC-backed IndiGrid to buy power transmission asset from sponsor Sterlite

Infrastructure

29 January, 2020

KKR, GIC-backed IndiGrid to buy power transmission asset from sponsor Sterlite

India’s first power transmission infrastructure trust IndiGrid said it has agreed to acquire from its sponsor Sterlite Power Grid Ventures ......

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Loosened lending rules stoke optimism for fledgling InvIT market

Markets

18 October, 2019

Loosened lending rules stoke optimism for fledgling InvIT market

Previously, banks were allowed to lend money to infrastructure investment trusts or InvITs at the level of the special purpose ......