{"id":401253,"date":"2021-02-20T10:28:42","date_gmt":"2021-02-20T04:58:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=401253"},"modified":"2021-02-20T10:35:25","modified_gmt":"2021-02-20T05:05:25","slug":"gip-looks-at-vector-green-invit-to-raise-100-million","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gip-looks-at-vector-green-invit-to-raise-100-million\/","title":{"rendered":"GIP looks at Vector Green InvIT to raise $100 million"},"content":{"rendered":"<p>US-based Global Infrastructure Partners (GIP) is exploring an infrastructure investment trust (InvIT) for its Indian green energy platform, Vector Green Energy, to raise around $100 million in equity, two people aware of the development said.<\/p>\n<p>InvITs are trusts that manage income-generating infrastructure assets typically offering investors a regular yield and a liquid method of investing in infrastructure projects.<\/p>\n<p>Renewable energy InvIT plans have been gaining traction in the backdrop of India\u2019s galloping electricity demand. These include InvITs from KKR-backed Virescent Infrastructure and Tata Power\u2019s renewable energy InvIT in which Malaysia\u2019s state-run oil and gas company, Petroliam Nasional Bhd, or Petronas is looking to invest.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US-based Global Infrastructure Partners (GIP) is exploring an infrastructure investment trust (InvIT) for its Indian green energy platform, Vector Green Energy, to raise around $100 million in equity, two people aware of the development said. InvITs are trusts that manage income-generating infrastructure assets typically offering investors a regular yield and a liquid method of investing in infrastructure projects. Renewable energy InvIT plans have been gaining traction in the backdrop of India\u2019s galloping electricity demand. These include InvITs from KKR-backed Virescent Infrastructure and Tata Power\u2019s renewable energy InvIT in which Malaysia\u2019s state-run oil and gas company, Petroliam Nasional Bhd, or Petronas [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-401253","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/401253","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=401253"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/401253\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=401253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=401253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=401253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}