Edelweiss arm EAAA Alternatives bags two NHAI toll roads for ₹2,259 crore
Edelweiss Alternative Asset Advisors has secured two major toll road projects in Tamil Nadu for a total consideration of ₹2,259 crore. The deal involves 20-year concession agreements for stretches covering approximately 170 kilometers.
Edelweiss Alternatives Asset Advisors (EAAA) has announced the acquisition of two National Highways Authority of India (NHAI) toll road assets. The transaction, valued at ₹2,259 crore, involves stretches located in Tamil Nadu that span a total length of 170 kilometers.
The acquisition is part of a 20-year concession agreement, allowing the multi-strategy platform to collect tolls and manage operations for the specified duration. This move aligns with the firm's ongoing strategy to scale its presence in the domestic infrastructure sector through long-term yielding assets.
With the integration of these two highway stretches, the infrastructure portfolio of Edelweiss Alternatives now encompasses 26 assets across 17 Indian states. Source: Industry reports.
