Infrastructure India plc has arranged an extension of a working capital loan and raised US$3 million
Infrastructure India plc has completed a fairness opinion on a further extension of, and increase in, the US$40.4 million unsecured bridging loan facility provided to the company by Cedar Valley Financial. The company has agreed a further extension of the bridging loan such that a further US$3.0 million has been made available and has been immediately drawn down. The maturity date of the bridging loan has been extended to 17 September 2018.
Infrastructure India plc is an AIM quoted fund investing in assets in the Indian infrastructure sector, with particular focus on assets and projects related to energy and transport.
Oaklins Smith & Williamson, based in the UK, acted as Nominated Advisor (Nomad) to Infrastructure India plc in this transaction and on an ongoing basis.
Talk to the deal team
Related deals
Bolster Investment Partners has acquired a majority stake in Eternal Sun
Bolster Investment Partners, a Netherlands-based investment firm, has acquired a majority stake in Eternal Sun, a global technology leader in advanced solar panel testing equipment, from ABN AMRO Sustainable Impact Fund, a private impact fund based in the Netherlands, and Vermec, a Belgium-based investment firm.
Learn moreiwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreEcosun Expert has been acquired by TSG Group
The successful acquisition of Ecosun Expert by TSG Group has been completed.
Learn more