Fund News

Ontario Teachers' invests $175-M in KKR's India road platform

Press Release  

Global investment firm KKR and Ontario Teachers' Pension Plan Board have signed an agreement under which Ontario Teachers' will invest USD 175 million (CAD 220 million) in KKR's road platform in India, which includes Highway Concessions One. The road platform comprises a portfolio of 12 road assets, including six that are proposed to be acquired pursuant to definitive agreements that have been signed. This includes a mix of toll and annuity roads, with a total length of more than 910 kilometers across Chhattisgarh, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Meghalayan, Odisha, Rajasthan, Tamil Nadu, Telangana, and West Bengal.

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