Page 4 - Actis News Today

Ashoka Buildcon holds 66% stake in Ashoka Concessions, with SBI Macquarie holding the rest. SBI Macquarie had invested Rs 800 crore in Ashoka Concessions in 2012 through Macquarie-SBI Infrastructure Fund. Once the deal is materialised, SBI Macquarie will get an exit, receiving about ₹1,200 crore.

Mahindra Lifespace: The developer has approached the National Company Law Tribunal (NCLT) with an application to reduce its equity share capital and provide exit to both the entities. The tribunal has admitted the petition and fixed it for hearing in March.

Mahindra Homes petition states that the company is generating steady cash flows and intends to continue its existing business operations. However, there are no immediate plans of expanding the business or initiating new ventures and therefore it has decided to repatriate surplus funds to shareholders.

Cameroon has announced the forthcoming opening of formal negotiations with Actis for the acquisition of the British investment funds 51% stake in

Actis has emerged as one of the most successful infrastructure investors in India over the last decade having built and sold two large renewable energy platforms. In 2018, Actis sold its Ostro to ReNew Power and in 2022, it sold Sprng Energy to energy major Shell.

The UK-based private equity firm Actis is building its third renewable energy platform in India, BluPine Energy, after setting up and selling Ostro Energy and Sprng Energy in the past. Actis ......

The Cameroonian government has chosen auditing firm KPMG France to assist in the process of renationalizing the national electricity company Eneo.

The UK-based private equity firm Actis is moving away from plain vanilla wind and solar power generation projects and will focus on hybrid ones as it ......

Actis intends to start a road InvIT in order to raise up to $2 billion - UK-based global private equity firm Actis is looking to monetize a portfolio of operating road assets that it owns in India through an...

Alternative investment firm Actis is looking to monetise its Indian portfolio of operating road assets through an infrastructure investment trust (InvIT), a media report said.   The UK-based firm is ......