Actis To Acquire A Portfolio Of Operational Hybrid Annuity Model Road Assets In India

Actis, a leading global investor in sustainable infrastructure, is acquiring a portfolio of operational Indian Hybrid Annuity Model (HAM) road assets from Patel Infrastructure Limited (PIL), to expand their long-life infrastructure footprint in Asia.


Actis has completed the acquisition of two completed assets and is in the process to acquire an additional two assets upon completion.

The acquisition of these assets marks a significant milestone in Actis’ portfolio growth in South Asia while also helping improve the road infrastructure in India. The assets, awarded by the National Highways Authority of India (NHAI), are highly attractive given the availability-based fixed revenues with interest rate indexation features. Given the scalable and attractive opportunity set in India, the roads sector is expected to be one of the key pillars of the firm’s investment strategy in the country, with several other transactions in the pipeline.

Actis’ expertise as builders and operators can help to create a better road infrastructure in India, unlocking potential to drive economic growth across the country. Enhanced road infrastructure can promote connectivity, linking remote regions to urban hubs and facilitating access to essential services, education, and job opportunities. Rural-urban disparities can be reduced, which can further ignite economic activities like trade, manufacturing, and agriculture, contributing to higher GDP and employment rates, setting the stage for a brighter and more prosperous future for India. PIL is a renowned Indian EPC developer and contractor with an established track record of 50+ years.

You can now read the full press release at the link below