Investment companies including Global Infra Partners, KKR, Brookfield, I Squared Capital and Macquarie are believed to be in the running to buy Infrastructure Leasing and Financial Service ’s 1 GW of renewable energy assets. The deal would create a new company with an estimated value of about $US2 billion ($A2.06 billion), which could help fund infrastructure projects such as roads, rail lines or power grids. The company has been defaulting on loans and bonds since August. The debt-laden company said it wanted to raise up to $1.13bn. It had debts of $12.6bn in March 2018 and has been defaulting since August. Indian companies including state power firm NTPC, GAIL India and the country’s Solar Energy Corporation are also said to be interested.
Investment companies including Global Infra Partners, KKR, Brookfield, I Squared Capital and Macquarie are believed to be in the running to buy Infrastructure Leasing and Financial Service ’s 1 GW of renewable energy assets. The deal would create a new company with an estimated value of about $US2 billion ($A2.06 billion), which could help fund infrastructure projects such as roads, rail lines or power grids. The debt-laden company said it wanted to raise up to $1.13bn. It had debts of $12.6bn in March 2018 and has been defaulting since August. Indian companies including state power firm NTPC, GAIL India and the country’s Solar Energy Corporation are also said to be interested.