CCP Investments and Ontario’s Teachers Invest Combined ~USD407m in India’s National Highways Infra Trust

Source(s): CPP Investments | Ontario Teachers’ Pension Plan Board

CPP Investments and Ontario Teachers’ Pension Plan Board acquired a 25% stake each in National Highways Infra Trust, an infrastructure investment trust sponsored by the National Highways Authority of India, for a reported ~USD207m and ~USD200m, respectively. The National Highways Infra Trust has been set up to acquire brownfield toll roads in India. Read more here and here