Billionaire Ajay Piramal-led Piramal Enterprises Ltd and Canada Pension Plan Investment Board (CPPIB) have signed an initial pact to co-sponsor a renewable energy-focussed Infrastructure Investment Trust (InvIT). The InvIT will have an initial corpus of $600 million (Rs 4,160 crore) with an option to increase it further, Piramal said in a statement. The Canadian pension […]
CPPIB may invest in Piramal’s renewables, roads platforms
The proposed platforms for roads and renewable energy assets will see a total commitment of close to $2 billion Piramal has already started scouting for assets that can be acquired under the two infrastructure platforms Mumbai: The Ajay Piramal-led Piramal Group, which has set up platforms to acquire operating renewable energy and roads assets, has […]
