Vinci to Acquire Indian Toll Concessions Portfolio for $1.6 Billion
Vinci Acquires Indian Toll Highway Portfolio for ₹150 billion ($1.6 billion)
Vinci, a French infrastructure firm, has agreed to purchase a toll highway portfolio in India from Macquarie Asia Infrastructure Fund 2 in a deal valued at approximately ₹150 billion ($1.6 billion).
The acquired portfolio comprises nine concessions for nearly 700 kilometres of highway sections in key areas of India's road network, including a section of the corridor linking Kolkata and Chennai. The deal is expected to have significant potential for value creation, with revenues generated by the toll highways dependent on traffic.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Investor Takeaway
Investors should consider Vinci's strategic expansion into India's infrastructure market.
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