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Global pension funds in fray for Mahindra Susten InvIT stake – EQ Mag
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Global pension funds in fray for Mahindra Susten InvIT stake – EQ Mag

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Global pension funds in fray for Mahindra Susten InvIT stake
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Global pension funds in fray for Mahindra Susten InvIT stake – EQ Mag

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Mumbai: Canadian pension fund British Columbia Investments (BCI) and Dutch pension fund APG Asset Management are among the investors eyeing a stake in the infrastructure investment trust (InvIT) of Mahindra Susten Pvt. Ltd. (MSPL), the renewable energy platform of the Mahindra Group, according to people in the know.

Mahindra Susten’s businesses include the conglomerate’s renewable energy-focussed engineering, procurement and construction (EPC) unit (with more than 4 GW of capacity constructed), as well as an independent power production (IPP) unit with around 1.54 GW of operational solar plants. The entire 1.54 GW will be transferred to the InvIT…Read More…

Source: PTI

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Anand Gupta Editor - EQ Int'l Media Network
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