KKR, Ontario Teachers' to invest Rs 5,500 crore in road InvIT
- Posted on January 8, 2025
- By Business News Today
- 2 Views
KKR, Ontario Teachers' to invest Rs 5,500 crore in road InvIT
KKR and Ontario Teachers' Pension Plan are investing Rs 5,500 crore in the Highways Infrastructure Trust, which owns and operates highways in India. The capital will fund recent acquisitions, including 12 road assets from PNC Infratech. KKR entered the Indian road sector in 2021 and set up HIT in 2022.
