KKR & Co to acquire highway assets in India from Global Infrastructure Partners.

KKR & Co agreed to acquire highway assets in India from Global Infrastructure Partners, an infrastructure investment fund making equity and selected debt investments. Financial terms were not disclosed. "Roads are one of the largest and most crucial infrastructure assets in India, where the world’s second-largest road network is located. Rapidly increasing passenger and commercial vehicle traffic has driven the strong demand to expand the country’s road network even further and the reciprocal need for investment in the sector. This is why the transportation sector is a key area of our infrastructure strategy in India. We are truly excited to invest in a high-quality platform and through HC1 play a part in India’s transport infrastructure," Hardik Shah, KKR Managing Director and Head of India Infrastructure.