Anagram advises Actis on the acquisition of Vindhyachal Expressway from Kalpataru Projects International.
Actis has acquired a 100% equity stake in Vindhyachal Expressway Private Limited (VEPL) from Kalpataru Projects International.
Actis is a leading global private equity firm focused on sustainable infrastructure, real estate, and private equity investments across growth markets in Asia, Africa, and Latin America. In October 2024, Actis joined forces with General Atlantic, a leading global growth investor, creating a diversified, global investment platform with approximately US$108 billion in combined assets under management. Actis operates as General Atlantic’s sustainable infrastructure business.
VEPL is a special purpose vehicle and was formed to undertake a four-laning road project spanning 89.30 KMs connecting the main city of Rewa and Hanumana on the border of the states of Madhya Pradesh and Uttar Pradesh on the national highway section (NH)-7. The project is under concession from Madhya Pradesh Road Development Corporation (MPRDC) on Design, Build, Finance, Operate and Transfer (DBFOT) Toll basis.
Read more at:
Kalpataru Projects Int’l sells Vindhyachal Expressway for ₹775 cr – The HinduBusinessLine
