{"id":570706,"date":"2023-04-20T09:08:43","date_gmt":"2023-04-20T03:38:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=570706"},"modified":"2023-04-20T09:36:44","modified_gmt":"2023-04-20T04:06:44","slug":"cube-highways-and-infra-invit-raises-rs-5226-cr-from-bci-mubadala","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cube-highways-and-infra-invit-raises-rs-5226-cr-from-bci-mubadala\/","title":{"rendered":"Cube Highways and Infra InvIT raises Rs 5,226 cr from BCI, Mubadala"},"content":{"rendered":"<p>Cube Highways and Infrastructure (Cube), a Singapore-based company investing in road and highway projects, has raised Rs 5,226-crore through a privately placed infrastructure investment trust (InvIT). Canadian pension investment manager British Columbia Investment, Abu Dhabi\u2019s sovereign investor Mubadala and domestic institutional investors subscribed to the offering, the company said in a release. Through the InvIT, Cube has raised Rs 3,803 crore in fresh capital. <\/p>\n<p>The remaining Rs 1,423 crore was secondary share sale by sponsor Cube, which is backed by I Squared Capital, a wholly-owned subsidiary of the Abu Dhabi Investment Authority, International Finance Corporation, and a consortium of Japanese investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cube Highways and Infrastructure (Cube), a Singapore-based company investing in road and highway projects, has raised Rs 5,226-crore through a privately placed infrastructure investment trust (InvIT). Canadian pension investment manager British Columbia Investment, Abu Dhabi\u2019s sovereign investor Mubadala and domestic institutional investors subscribed to the offering, the company said in a release. Through the InvIT, Cube has raised Rs 3,803 crore in fresh capital. The remaining Rs 1,423 crore was secondary share sale by sponsor Cube, which is backed by I Squared Capital, a wholly-owned subsidiary of the Abu Dhabi Investment Authority, International Finance Corporation, and a consortium of Japanese [&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-570706","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\/570706","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=570706"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/570706\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=570706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=570706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=570706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}