Ferrovial makes Strategic Investment into India's Toll Road Sector
Sector: Road • Location: India
Source: Highways Today
Ferrovial, via its toll road subsidiary Cintra, has inked a deal to invest in a 24% slice of the IRB Infrastructure Trust in India. The trust boasts a portfolio of 12 toll road concessions in the heart of India, with plans to add three more concessions on the drawing board. The price tag for this venture is EUR 740 million. The closing date of this transaction is slated for the end of April 2024.
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Description
Description | Ferrovial, via its toll road subsidiary Cintra, has inked a deal to invest in a 24% slice of the IRB Infrastructure Trust in India. The trust boasts a portfolio of 12 toll road concessions in the heart of India, with plans to add three more concessions on the drawing board. The price tag for this venture is EUR 740 million. The closing date of this transaction is slated for the end of April 2024. |
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Original Currency | USD |
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