Ontario Teachers’ Pension Plan Board completed the acquisition of a 11.99% stake in National Highways Infra Trust for $219m.

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.