The master fund invests in operating assets in core infrastructure sectors, primarily transportation and energy, according to a statement. The National Investment and Infrastructure Fund (NIIF) on Monday announced a $107 million investment into its ‘master fund’ from Canada’s PSP Investments, US International Development Finance Corporation (DFC) and domestic private sector lender Axis Bank. After […]
IndiGrid completes acquisition of ENICL from Sterlite Power
With the acquisition of East North Interconnection (ENICL) from Sterlite Power, IndiGrid’s assets under management (AUM) will increase by 10 per cent to USD 1.6 billion, the company said in a statement. The acquisition has been funded by internal accruals, proceeds from the preference issue done in May last year and new debt, the company […]
