LGT has invested around $180 mn in India, including a $12 mn investment in Lithium Urban Tech.
The earlier plan involving the purchase of a majority stake by Toronto-based asset manager Brookfield has faltered.
IPOs & Markets
The company is a joint venture set up by four state-run companies in the power sector.
This comes in the backdrop of Canadian pension funds being uniquely positioned to invest directly into the infrastructure space.
Experts believe that the Canadian pension funds are uniquely positioned to invest directly into the infrastructure space.
It had raised $1 billion through dollar denominated bonds in 2017.
This fresh tranche follows the previous funding round of $495 million in June by the sovereign wealth funds in Greenko to build power storage projects
I Squared Capital plans to acquire optical fibre networks to set up a carrier-neutral telecom infrastructure platform.
GIP led a group of investors to acquire Equis Energy for $5 billion in October 2017.
Following the round, the firm will have an enterprise value of around $6 billion.
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