CDPQ-backed Maple Highways completed the acquisition of Eastern Peripheral Expressway from NHAI for $771m.

CDPQ-backed Maple Highways, a roads platform set up as an infrastructure investment trust, completed the acquisition of Eastern Peripheral Expressway, a 135km, six-lane express highway, from National Highways Authority of India for $771m. "Quality highways ensure the Indian economy continues to move and grow. Founded by CDPQ in 2021, Maple Highways combines road infrastructure expertise and a commitment to ESG, and brings together assets that offer long-term value to our investors. As the reconfiguration of global supply chains accelerates and the volume of goods increases in India, we look forward to further developing our roads portfolio," Emmanuel Jaclot, CDPQ Executive Vice President and Head of Infrastructure.