APG, IFC & AIIB in race to put $250 million into Mahindra InvIT
Mumbai: Dutch pension fund APG Asset Management, the World Bank’s investment arm International Finance Corp (IFC) and Asian Infrastructure Investment Bank (AIIB) are in a race to invest up to $250 million (₹2,080 crore) in Mahindra Susten’s renewable infrastructure investment trust (InvIT), said two people aware of the development.
