{"id":375989,"date":"2020-09-30T08:12:43","date_gmt":"2020-09-30T02:42:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=375989"},"modified":"2020-09-30T08:39:24","modified_gmt":"2020-09-30T03:09:24","slug":"indigrid-unitholders-approve-kkr-as-invit-sponsor-with-special-majority","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigrid-unitholders-approve-kkr-as-invit-sponsor-with-special-majority\/","title":{"rendered":"IndiGrid unitholders approve KKR as InvIT sponsor with special majority"},"content":{"rendered":"<p>India Grid trust (IndiGrid) on Tuesday said, its unitholders have approved the induction of Esoteric II Pte, an affiliate of KKR &amp; Co, as a sponsor with a special majority of more than 75 per cent. The private equity firm, which earlier withdrew intent to become a sponsor in August, made a fresh application again this month. <\/p>\n<p>IndiGrid also looks to add operational solar power generation projects to its current portfolio of transmission assets as a long-term strategy. <\/p>\n<p>\u201cThe special resolution to induct Esoteric II as a sponsor was passed with a special majority in the third annual general meeting of IndiGrid held on September 28,\u201d the company said in its statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India Grid trust (IndiGrid) on Tuesday said, its unitholders have approved the induction of Esoteric II Pte, an affiliate of KKR &amp; Co, as a sponsor with a special majority of more than 75 per cent. The private equity firm, which earlier withdrew intent to become a sponsor in August, made a fresh application again this month. IndiGrid also looks to add operational solar power generation projects to its current portfolio of transmission assets as a long-term strategy. \u201cThe special resolution to induct Esoteric II as a sponsor was passed with a special majority in the third annual general meeting [&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":[135,130,232],"tags":[],"class_list":["post-375989","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/375989","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=375989"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/375989\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=375989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=375989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=375989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}