TAG: "InvITs"

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IndiGrid, BII and Norfund Launch USD 300M EnerGrid Platform

IndiGrid, BII, and Norfund have partnered to create EnerGrid, a USD 300 million platform focused on greenfield transmission and Battery Energy Storage System projects, aiming to support India’s energy transition and rapidly growing power infrastructure needs.

InvITs | November 13, 2024 | By EI News Network 715

Marquee Institutional Investors Pick Significant Stake in IndiGrid

Post the completion of Offer-for-Sale by IndiGrid’s sponsor KKR, the listed power sector infrastructure investment trust has launched a preferential issue process to raise about INR 695 crore. Alberta Investment Management Corporation and HDFC Life have committed to invest about INR 567 crore and about INR 100 crore respectively.

InvITs | August 29, 2024 | By EI News Network 1312

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