Infrastructure investment trust IndiaGrid on Friday said it has completed the acquisition of 300 MW solar project at an enterprise value of Rs 1,550 crore.
With this asset addition, IndiGrid’s portfolio now consists of 19 solar projects across eight states of the country with a total generation capacity of 1.1 GWp.
IndiGrid’s total Assets Under Management now stands at Rs 28,200 crore, an IndiGrid statement said.
“IndiGrid, India’s first and largest listed power sector infrastructure investment trust (InvIT), today announced that it has consummated transaction of 300 MW AC solar asset for an enterprise valuation of around Rs 15,500 million, exclusive of net working capital and cash adjustments,
