{"id":523050,"date":"2022-09-19T11:07:40","date_gmt":"2022-09-19T05:37:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=523050"},"modified":"2022-09-19T11:07:40","modified_gmt":"2022-09-19T05:37:40","slug":"ontario-teachers-to-buy-30-stake-in-mahindra-susten","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ontario-teachers-to-buy-30-stake-in-mahindra-susten\/","title":{"rendered":"Ontario Teachers\u2019 to buy 30% stake in Mahindra Susten"},"content":{"rendered":"<p>Leading Canadian fund Ontario Teachers\u2019 Pension Plan Board (Ontario Teachers\u2019) will acquire a 30% stake in Mahindra Susten, the renewable energy platform, for Rs 2,371 crore ( $300 million), said Ontario Teachers\u2019 statement.<\/p>\n<p>The proposed transaction also envisages the setting up of an Infrastructure Investment Trust (InvIT). The InvIT is initially proposed to comprise renewable power assets seeded by Mahindra Susten with operational capacity of around 1.54 GW.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Leading Canadian fund Ontario Teachers\u2019 Pension Plan Board (Ontario Teachers\u2019) will acquire a 30% stake in Mahindra Susten, the renewable energy platform, for Rs 2,371 crore ( $300 million), said Ontario Teachers\u2019 statement. The proposed transaction also envisages the setting up of an Infrastructure Investment Trust (InvIT). The InvIT is initially proposed to comprise renewable power assets seeded by Mahindra Susten with operational capacity of around 1.54 GW.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-523050","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/523050","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=523050"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/523050\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=523050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=523050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=523050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}