Actis merges 11 Indian road assets into $1B infrastructure trust

by@business

Summary

Actis has successfully consolidated 11 road assets from two of its funds into an infrastructure investment trust valued at approximately 100 billion rupees ($1 billion), following an investment raise of 11.8 billion rupees from investors. This move aligns with a growing trend of increasing institutional interest in Indian road assets, which has led to several recent deals involving toll-road operators and infrastructure investment trusts (InvITs). Additionally, there is an ongoing expansion of InvITs in India into various sectors, including power and logistics, in a bid to draw in long-term capital.

Analysis

Actis: Actis is a UK-based global private equity firm focused on sustainable infrastructure investments in emerging markets, including energy and transport sectors across Asia, Latin America, and Africa. The firm recently consolidated 11 Indian road assets from two of its funds into the NXT-Infra Trust, a SEBI-registered infrastructure investment trust it sponsors, following investor fundraising. Investment Vehicles: Infrastructure investment trusts in India are expanding beyond roads into sectors like power and logistics to attract long-term capital. Infrastructure Trends: Growing institutional appetite for Indian road assets has driven multiple recent deals involving toll-road operators and InvITs.

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