Announced
Completed
Financials
Sources
Tags
infrastructure trust
toll roads
India
Other Specialty REITs
Acquisition
Minority
Private
Private Equity
Friendly
Completed
Cross Border
Single Bidder
Synopsis
Ontario Teachers’ Pension Plan Board, a private equity firm, completed the acquisition of a 11.99% stake in National Highways Infra Trust, an InvIT, for $219m. “Our investment into NHIT demonstrates Ontario Teachers’ continued support in developing high-quality road assets in India. The country’s road ecosystem is an important driver in supporting India’s economic growth and we are delighted to continue our partnership with the NHAI," Debapratim Hajara, OTPPB Managing Director.
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