E-PaperCppib News
Brookfield, CPPIB, NIIF in race to buy Mahindra’s 600MW solar assets
Mahindra has received offers from six financial investors including Brookfield, Edelweiss, CPPIB and NIIF. It will be shortlisting three bidders for the final round of negotiations
2 min read19 Oct 2020CPPIB, others in talks to buy SBG Cleantech
SBG Cleantech has invested around $800 million for its 7.7GW Indian solar portfolioIndia’s solar space has been plagued by execution-related issues, land acquisition, regulation and financial closure, analysts said
2 min read7 Jul 2020CPPIB, KKR, others eye Fortum’s Indian solar projects
Fortum’s move to seek financial investors reflects growing consolidation in India’s clean energy spaceThe stake sale, run by Kotak Investment Banking, is potentially valued at around €500 million and may rank among the largest in India’s green energy space
1 min read1 Jun 2020IndusInd Bank taps CPPIB, GIC to raise $500 million
Fundraising aimed at bolstering investor confidence amid deterioration of balance sheetPromoters have shown interest in bringing additional capital, but any such effort requires RBI nod
2 min read6 Apr 2020CPPIB looks to buy 35% stake in JM Baxi unit for ₹1,400 crore
The deal for International Cargo Terminals and Rail Infrastructure is likely to close in early AprilPart of the proceeds of the stake sale will go towards retiring the Piramal debt
1 min read12 Mar 2020CPPIB invests $225M in Piramal-Bain sponsored India Resurgence Fund
The fund, launched in 2016, looks to invest in distressed assets in the country by purchasing existing debt and equity securitiesIt, then, takes control of the turnaround of such assets through recapitalization and operational improvements
1 min read18 Dec 2019Canadian pension funds eye private debt space in India
The funds are setting up credit platforms amid a decline in credit disbursementsCPPIB sees a big opportunity in the lending space here and may start a $1 billion credit fund
3 min read9 Dec 2019Deals Buzz: Allcargo Logistics buys majority stake in Gati
In other news, Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) has committed to invest up to $600 million in National Investment and Infrastructure Fund (NIIF) through its master fund
4 min read6 Dec 2019CPPIB’s Mark Machin stresses on sanctity of contracts
'Generally, the sanctity of contracts is an important issue around the world. It is a challenge around the world,' said MachinCPPIB has a large exposure to the Indian renewable energy sector through its investment in ReNew Power Ltd, one of the country’s largest private renewable energy producers
3 min read5 Dec 2019CPPIB acquires 8% stake in logistics firm Delhivery
Canada’s largest pension fund manager bought the stake at a valuation of around $1.5 bnCPPIB invests in Delhivery through Fundamental Equities Asia Group
2 min read9 Sep 2019Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared