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KKR Unveils Highways Infrastructure Trust In India

KKR & Co. Inc. (KKR) said that it has unveiled Highways Infrastructure Trust. It is KKR's third infrastructure investment trust in India, in addition to Virescent Renewable Energy Trust, and India Grid Trust, a leading transmissions infrastructure investment trust. Together, the platforms operate and manage 33 assets valued at over $3.8 billion across 22 states or union territories across India.

The Highways Infrastructure Trust's initial portfolio comprises of six roads assets with a total length of more than 450 kilometers across six states in India. The assets, which include a diversified mix of toll and annuity roads, are located in Gujarat, Madhya Pradesh, Meghalaya, Rajasthan, Tamil Nadu, and Telangana.

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