Canada’s largest pension fund, Canada Pension Plan Investment Board (CPP Investments) on Thursday said it is acquiring an additional 15.9% of the total units in IndInfravit Trust, an infrastructure trust (InvIT), for ₹1,005 crore ($136 million), the pension fund said in a statement.
IndInfravit, sponsored by L&T Infrastructure Development Projects Limited (L&T IDPL), launched in 2018, acquires and maintains stable brownfield road concessions in India.
