The Acme Solar InvIT will be privately listed and will be sponsored by India's largest pure-play solar platform Acme and incoming investors. The InvIT will house 1.8 gigawatts (GW) of operating solar assets. InvITs manage income-generating infrastructure assets, typically offering investors a regular yield and a liquid method of investing in infrastructure projects.
"Initial conversations are ongoing with select investors," said one of the two people cited above, requesting anonymity.
Investors have been eyeing the InvIT route, with KKR & Co.-backed India Grid Trust (IndiGrid) being the country's first listed power sector InvIT.
An EY spokesperson declined comment while queries emailed to the spokesperson of Acme Group remained unanswered till press time.
Bu hikaye Mint Mumbai dergisinin November 09, 2023 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin November 09, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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