invit

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Mahindra, Ontario Teachers Launch ₹22.63 Billion Renewable Infra Investment Trust

Mahindra Group and Ontario Teachers’ Pension Plan Board have announced an Infrastructure Investment Trust (InvIT), dubbed Sustainable Energy Infra Trust (SEIT), with an...

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Ontario Teachers’ Pension Fund Acquires 30% Stake in Mahindra Susten, Plans InvIT

Global investor Ontario Teachers’ Pension Plan will acquire a 30% equity stake in Mahindra Susten, a cleantech arm of Mahindra Group, for an equity value of ₹23.71...

September 19, 2022

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Vijayalakshmi Sridhar

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Finance and M&A

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Other

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Renewable Energy
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Virescent Renewable Energy Trust Raises ₹21.5 Billion in Debt Financing

Virescent Renewable Energy Trust (VRET), a renewable energy infrastructure investment trust (InvIT) from KKR’s Virescent Infrastructure, has raised a total of ₹21....

November 15, 2021

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Arjun Joshi

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Finance and M&A

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Other
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KKR-Sponsored Virescent Raises ₹4.6 Billion for its Renewable Energy InvIT

Virescent Renewable Energy Trust (VRET), a renewable energy infrastructure investment trust (InvIt) from KKR’s Virescent Infrastructure, has raised ₹4.6 billion...

September 29, 2021

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Harsh Shukla

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Finance and M&A

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Solar
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IndiGrid Completes Acquisition of 100 MW Solar Projects from Fotowatio for ₹6.6 Billion

The Indian power sector’s first infrastructure investment trust (InvIT), IndiGrid, announced the completion of the acquisition of a 100% stake in two solar assets with a...

July 14, 2021

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Rahul Nair

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Finance and M&A

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Solar
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Power Grid to Monetize Transmission Assets of ₹70 Billion via InvIT

Earlier this week, state-owned Power Grid Corporation of India (PGCIL) received the Cabinet Committee of Economic Affairs’ approval to monetize its transmission projects...

September 21, 2020

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Debjoy Sengupta

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Grid

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T&D

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