Actis

Welspun exited 49 per cent of the BOT toll road and the remaining 51 per cent will require clearances expected to be completed by March 2024, it said in an exchange filing

Realty firm Mahindra Lifespace Developers Ltd on Thursday announced a joint venture with Actis to develop industrial and logistics facilities with an initial investment of Rs 2,200 crore. Actis is a global investment firm. In a regulatory filing, Mahindra Lifespace informed that the company has executed definitive documents to establish joint ventures with Actis for developing industrial and logistics real estate facilities across India. Mahindra Lifespace or its affiliates and Actis or its affiliates will jointly invest in asset owning SPVs (special purpose vehicles) and in an entity that will provide business services to the asset owning SPVs. The company may own stakes in the range of 26 per cent to 40 per cent in these entities, and the balance will be owned by Actis or its affiliates. Both partners have earmarked up to 100 acres of land across Mahindra World Cities as seed assets to be acquired by the asset owning SPVs during the course of arrangement. In addition, the two J

Major stake of the joint venture's total investment is to be acquired by Actis. Over the initial years, total investment is to be estimated at Rs 2,200 crore including debt

Actis announced Bridgin Power following its acquisition of a 49 per cent stake in the Shapoorji Pallonji group's 220-MW combined cycle gas turbine power plant in Bhola region of Bangladesh

Global investor Actis has acquired Hyderabad-based Rx Propellant, which provides real estate solutions to tenants in life sciences and related sectors.

Deal to help Shell triple its renewable energy capacity in operation

'The buyout firm is in advanced talks for the assets and is set to beat out a number of rival bidders'

Sustainable infrastructure-focused investment firm Actis on Thursday said it will more than double its investments in the country by infusing $850 million in projects over the next five years

It's an all-cash deal; sources said Actis held 26% share in the property whose value is about Rs 1,200 crore

Both Acme and Actis did not disclose the deal size but market experts estimated the deal size to be close to Rs 2,000 crore

The duo is doubling the size of the $500-million platform, which it floated in 2015

This would be the first India-focused real estate fund launched by any global fund manager since US-based JP Morgan raised one in 2014

Titled 'Actis Asia Real Estate Fund-1,' Actis is raising the fund from institutional investors across different countries

The deal is expected to be completed in the next couple of months