Brookfield Asset Management, one of the world´s largest investors in infrastructure and real estate, is in talks to acquire a large stake in the debt-laden GVK Power & Infrastructure for as much as USD 1 billion. The transaction, which is not yet finalised, involves Brookfield investing USD 650 million through equity and USD 350 million in debt. The deal could be a game changer and the first instance of a big global investor snapping up India´s troubled infrastructure assets, a major part of the stressed loan portfolio of domestic banks.
FlashNews:
India’s SDHI Lands Landmark Oman Defence Ship Deal
Air India Unveils First Line‑Fit Boeing 787‑9, Signals Bold Global Transformation in 2026
Vizhinjam Expansion Strengthens India’s Maritime Competitiveness: Sonowal
Tata Power Odisha Discoms Secure Top National Rankings for Third Consecutive Year
SDHI Secures $227 Million Chemical Tanker Deal, Revives India’s Commercial Shipbuilding
India’s Energy Transition Sets Global Pace: Pralhad Joshi at Davos
IWDC Clears ₹15 Billion Projects to Boost Green Mobility, Cargo and River Tourism
World Bank Approves $815 Million Financing for Tata Power-DGPC Dorjilung Hydropower Project in Bhutan
Indian Railways Deploys Humanoid Robot ASC ARJUN at Visakhapatnam for Smart Station Security
India’s Power Grid Crosses 500,000 Circuit Km, Marks 71.6% Growth Since 2014
India Inc Optimistic on Growth, Flags Infrastructure, Defence and Export Priorities: FICCI Survey
NHAI, Konkan Railway Ink MoU to Boost Integrated Road‑Rail Infrastructure Development
DGCA Digitises Pilot Licensing with Electronic ATPL Services to Strengthen Aviation Ecosystem
Power Minister Calls for Financially Strong Discoms to Drive India’s Energy Future
BLR Airport Launches Gate Z, India’s First Social Lounge Redefining the Airport Experience
MoPNG Highlights Financing Strength, Regulatory Reforms Ahead of New Upstream Bid Rounds
ABB India Modernises BPCL’s Vadinar‑Bina Pipeline for Uninterrupted Operations
Vaishnaw Projects 6-8% Growth, Highlights Reform Momentum at Davos
Aerem Solutions Secures $15 Million to Drive Distributed Solar Adoption Across India
Home » Brookfield may invest $1bn in GVK
Brookfield may invest $1bn in GVK
Power & New and Renewable Energy
August 1, 2015August 1, 2015


Leave a Reply
You must be logged in to post a comment.