CDPQ taps global companies, looks to raise up to Rs 3,400 cr for India InvIT

Canadian pension fund CDPQ is in early negotiations to raise $300-400 million for its Maple Infrastructure Trust in India to fund recent toll road acquisitions. Managed by Rothschild, the fundraising will also allow other investors to offload holdings. With an enterprise value of ₹16,000 crore, Maple recently acquired assets worth ₹5,718 crore from Ashoka Concessions.