Investment funds scramble to acquire Indian giant's 1 GW assets

Global Infra Partners, KKR, Brookfield, I Squared Capital and Macquarie are reported to be among those eyeing the renewable energy assets of debt riddled Infrastructure Leasing and Financial Services.From pv magazine India. Some 15 large investment funds - including Global Infra Partners, KKR, Brookfield, I Squared Capital and Macquarie - have joined the race to buy more than 1 GW worth of renewable energy assets that are being put up for sale by debt laden Mumbai concern Infrastructure Leasing & Financial Services (IL&FS) Ltd. The company hopes to raise Rs6,000-8,000 crore ($845 million-1.13 ...

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