{"id":260795,"date":"2019-02-23T05:47:13","date_gmt":"2019-02-23T05:47:13","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=260795"},"modified":"2019-02-23T05:49:17","modified_gmt":"2019-02-23T05:49:17","slug":"canadas-omers-infrastructure-picks-22-4-stake-in-indinfravit-trust","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/canadas-omers-infrastructure-picks-22-4-stake-in-indinfravit-trust\/","title":{"rendered":"Canada&#8217;s OMERS Infrastructure picks 22.4% stake in IndInfravit Trust"},"content":{"rendered":"<p>Canada-based OMERS Infrastructure has picked a 22.4% stake in IndInfravit trust for a consideration of Rs 870 crore, the fund said in a media statement. OMERS&#8217; investment in the infrastructure investment trust (InVIT) marks the fund\u2019s first infrastructure investment in India.<\/p>\n<p>IndInfravit holds a portfolio of five operational toll road projects \u2013 namely- Krishnagiri Thopur Toll Road, Western Andhra Tollways, Krishnagiri Walajahpet Tollway, Devihalli Hassan Tollway and Beawar Pali Pindwara Tollway. The five projects were constructed and initially operated by L&amp;T Infrastructure Development Projects (IDPL). L&amp;T IDPL is the sponsor for IndInfravit. <\/p>\n<p>\u201cIndInfravit is a platform well placed to play a key role in the future through additional investments in the road infrastructure in India,\u201d OMERS said in its statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada-based OMERS Infrastructure has picked a 22.4% stake in IndInfravit trust for a consideration of Rs 870 crore, the fund said in a media statement. OMERS&#8217; investment in the infrastructure investment trust (InVIT) marks the fund\u2019s first infrastructure investment in India. IndInfravit holds a portfolio of five operational toll road projects \u2013 namely- Krishnagiri Thopur Toll Road, Western Andhra Tollways, Krishnagiri Walajahpet Tollway, Devihalli Hassan Tollway and Beawar Pali Pindwara Tollway. The five projects were constructed and initially operated by L&amp;T Infrastructure Development Projects (IDPL). L&amp;T IDPL is the sponsor for IndInfravit. \u201cIndInfravit is a platform well placed to play [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-260795","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/260795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=260795"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/260795\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=260795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=260795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=260795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}