AIIB Takes Lead in Rs 2.5k Crore Funding for Mahindra-OTPP’s Green InvIT

Asian Infrastructure Investment Bank (AIIB) Mahindra is set to lead a Rs 2,500 crore fundraising round for the Group-backed Sustainable Energy Infrastructure Investment Trust (InvIT). According to sources familiar with the matter, various domestic institutional investors (DIIs) will also actively participate in this initiative.

Key players in the funding round

  1. Leadership of AIIB: The Asian Infrastructure Investment Bank (AIIB) is positioned as the lead investor in this substantial funding effort, underscoring its commitment to supporting sustainable energy infrastructure projects.

  2. Strategic Global Partnership: Along with the AIIB, Dutch pension fund APG Asset Management and the World Bank’s International Finance Corp (IFC) are engaged in separate discussions to contribute capital to the initiative.

  3. Mahindra Sustain and Canadian Pension Collaboration: The funding will specifically benefit Mahindra Sustain, the renewable energy arm of Mahindra Group, and will collaborate with the Canadian Pension Fund (OTPP) to strengthen their green infrastructure investment trust.

exam related questions

  1. What role is the Asian Infrastructure Investment Bank (AIIB) expected to play in the Rs 2,500 crore funding for Mahindra-OTPP’s Green InvIT, and how does it align with the AIIB’s broader investment strategy in sustainable projects?
  2. How is the collaboration between Mahindra Sustain and the Canadian Pension Fund (OTPP) within the Green InvIT, and what specific benefits are expected for both entities from this funding round?

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AIIB leads funding of Rs 2.5 thousand crore for Mahindra-OTPP's Green InvIT_40.1

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