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

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Why KKR’s plan to come in as IndiGrid sponsor came unstuck
Credit: VCCircle

Private equity firm KKR & Co. stepped back from acquiring an additional stake in India Grid Trust likely because of regulatory and commercial reasons, three people familiar with the matter told VCCircle. India Grid Trust (IndiGrid), the country’s only publicly listed infrastructure investment trust (InvIT) in the power sector, unexpectedly announced ......

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