From ReNew Power to TPG, platforms gaining ground among PE investors

Large investors and Limited Partners (LPs), such as Canadian pension funds, are showing a preference for platform deals, while PE firms are putting together platforms which can provide them with easie

ReNew Power Ventures roped in Canadian pension fund CPPIB to buy the solar energy platform of Ostro Energy, backed by PE firm Actis.

Investors, including Canadian pension fund CDPQ, in race to pick up a stake in TPG Growth’s single-speciality hospital platform in India.

French development financial institution Proparco SA is in talks with two players to create a renewable energy platform in India.

In January, the NIIF and port operator DP World formed a $3-billion platform to invest in ports, terminals and logistics businesses in India.

Platforms are gaining ground in private equity (PE) — a platform is an aggregation of assets which