India: CPPIB may come in as anchor investor in Piramal’s renewables, roads platforms

India: CPPIB may come in as anchor investor in Piramal’s renewables, roads platforms

Piramal Group chairman Ajay Piramal. Photo: Aniruddha Chowdhury/Mint

The Ajay Piramal-led Piramal Group, which has set up platforms to acquire operating renewable energy and roads assets, has roped in Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) as an anchor investor, said two people aware of the development.

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