Multiple road acquisitions, BOT projects in pipeline: Vertis Invit

On the heels of a ₹9,000-crore highway pact, Vertis Infrastructure Trust (formerly Highways Infrastructure Trust) is eyeing multiple highway acquisition deals in the near term. 

Vertis is an infrastructure investment trust (Invit) backed by private equity major KKR as well as Ontario Teachers’ Pension Plan (OTPP). 

“Currently, from the market side, we are still looking for a couple of deals in hybrid annuity mode (HAM) and a similar number in build operate transfer (BOT). Of course, we will keep bidding for toll operate transfer (TOT) projects. There are multiple deals. Some deals may be close to ₹5,000 crore, while some