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Showing Result for Tag #Ontario Teachers’
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Showing Result for Tag #Ontario Teachers’
Mahindra Group and Ontario Teachers’ co-sponsor India’s largest renewable energy listed InvIT* with offer size of INR 2262.8 Crore (USD 273 Million)
Mumbai, January 15, 2024: Mahindra Group, a leader in farm equipment, utility vehicles, information technology and financial services businesses in India, and Ontario Teachers’ Pension Plan Board (Ontario Teachers’), a leading global institutional investor, through their associates have co-sponsored an Infrastructure Investment Trust (InvIT) holding assets in the renewable energy space. The InvIT, ‘Sustainable Energy Infra Trust’ (SEIT), is India’s largest InvIT in the renewable energy space*.
Mahindra Group and Ontario Teachers’’ to form a strategic partnership in the renewable energy space
Mumbai, September 17, 2022: Mahindra Group and Ontario Teachers’ Pension Plan Board (“Ontario Teachers’”) announced today a strategic partnership to capitalise on the growing renewables opportunity in India and contribute towards the country’s decarbonisation ambitions. The parties have signed binding agreements pursuant to which Ontario Teachers’ will acquire a 30% equity stake in Mahindra Susten Private Limited (“Mahindra Susten”) at an equity value of INR 2,371 crore (~USD 300 million).
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