Page 2 - Infrastructure Investment Trusts

Reliance Industries may hive off green hydrogen business to InvIT

Jefferies values firm's green hydrogen business at $8 bn

Strong leasing activity to benefit Real Estate Investment Trusts

But slowdown in the US and rising interest rates could pose risks

No immediate plan to get retail investors into NHAI InvIT: CEO Suresh Goyal

Talks underway with Sebi to make private-listed InvIT into public

CCI okays equity and CCD allotment of five highway SPVs by Indinfravit

The five SPVs are engaged in operating and maintaining highways in the states of Andhra Pradesh, Uttar Pradesh, Bihar and Maharashtra

Govt won't sponsor roads sector InvITs; plans to bring retail investment

InvITs are collective investment vehicles that allow direct investments from individual and institutional investors in infrastructure projects, and give them a small portion of the income in returns

Railway asset monetisation through Rs 18,000 cr InvIT unlikely in FY23

Both the finance ministry and Union cabinet have recently come down heavily on railways and asked it to expedite its monetisation efforts

NHAI offers three additional roads to its InvIT totalling 247 km

NHAI chairperson Alka Upadhyaya said with the success of NHAI InvIT, the state-owned agency has continued to deliver on its commitments under the National Monetisation Pipeline (NMP)

Govt seeks to replicate NHAI success with InvITs at railways and ports

Plans more launches in FY23; gas pipelines, other sectors also on radar

Tata Power's plan to reduce debt through InvIT gets delayed

The company was planning to bring down its gross debt to below Rs 25,000 crore from Rs 49,000 crore with the InvIT structure

Unlisted InvITs: Sebi forms framework for minimum number of unit holders

Generally, InvITs comprise a portfolio of infrastructure assets such as highways, power transmission assets

Plummeting RE tariffs edge out small players even as bigger ones expand biz

The sharp drop in renewable energy tariffs is encouraging smaller players to exit even as larger ones look to innovative financing methods to expand their portfolios

Infra investment trust IndiGrid plans to raise up to Rs 5,300 cr

A meeting of the board of directors of IndiGrid Investment Managers Ltd acting in the capacity of Investment Manager to IndiGrid was held on Tuesday

Energy companies go green, change tack from coal to renewables

Covid has brought to fore the need for sustainable development. A two-part series examines the shift in energy sector

Covid-19 effect: Upcoming road projects may shift to PPP on weak govt funds

The company, which launched the country's first public infrastructure investment trust (InvIT) in 2017, launched its second Rs 4,400-crore private InvIT

Crisis-hit IL&FS lays road map to cut 57% of Rs 99,000 crore debt

By March, Rs 50,500 cr debt to be pared; resolution for Rs 6,650 cr to continue beyond FY21

Low valuations, weak market appetite, liquidity woes hurt new InvITs

Rating agency ICRA had earlier in February estimated that Rs 2 trillion would likely be raised through the InvIT route over the next five years

Brookfield-RIL InvIT likely to raise more debt to attract investors

Tower Infrastructure Trust, set up by Brookfield and RIL, had filed its prospectus just a few days before the Budget was announced

Sebi plans to amend investment manager eligibility norms for InvITs

Sebi has been receiving representations from the industry and the market participants for considering alternative measures

Aramco deal, more asset sale crucial for making RIL net-debt free: Analysts

For the December 2019 ended quarter, RIL turned free cash flow (FCF) positive, a reversal that most brokerage firms welcomed

MFs yet to warm up to InvITs; NHAI instrument may change the trend

According to the Securities and Exchange Board of India (Sebi) November 2019 data, the amount deployed by mutual funds in InvITs stands at Rs 933 crore