India: GIP looks at Vector Green InvIT to raise $100m in equity
India: GIP looks at Vector Green InvIT to raise $100m in equity Image from Pixabay. February 21, 2021 US-based Global Infrastructure Partners (GIP) is exploring an infrastructure investment trust (InvIT) for its Indian green energy platform, Vector Green Energy, to raise around $100 million in equity, two people aware of the development said. InvITs are trusts that manage income-generating infrastructure assets typically offering investors a regular yield and a liquid method of investing in infrastructure projects. Renewable energy InvIT plans have been gaining traction in the backdrop of Ind...