Actis

Welspun completes sale of six road assets to Actis for Rs 6,025 crore

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

Mahindra arm forms JV with Actis; to invest Rs 2,200 cr in industrial units

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

Chennai and Jaipur to be seed sites of Mahindra Lifespaces-Actis JV

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 launches power biz after buying 49% stake in Shapoorji Pallonji unit

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

Actis acquires Hyderabad-based Rx Propellant for an undisclosed amount

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

Shell to buy Actis-owned renewables firm Sprng Energy for $1.55 bn in India

Deal to help Shell triple its renewable energy capacity in operation

Actis to buy $400-million road assets from India's Welspun Group

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

Actis to infuse $850 million into sustainable infra projects in India

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

Tata Realty buys out Actis in Mumbai IT park for undisclosed sum

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

UK-based private investor Actis acquires 400 MW solar projects from Acme

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

Tata Realty, Actis look to raise $1 billion for commercial properties

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

Actis plans to launch $500-mn India-focused real estate fund this year

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

Actis raises $750-mn Asia realty fund to acquire StanChart's portfolio

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

Actis set to buy Stanchart PE's Asian real estate portfolio for $500 mn

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