New Delhi [India], Infrastructure Yield Plus Strategy managed by Edelweiss Alternatives has successfully completed the acquisition of 100 per cent stake in Larsen & Toubro (L&T) Infrastructure Development Projects Limited (L&TIDPL), according to a press release, L&T Infrastructure Development Projects Limited, a 51 per cent owned subsidiary of Larsen & Toubro Limited (L&T) and 49 per cent owned by Canada Pension Plan Investment Board (CPP Investments), boasts of a portfolio comprising seven operating roads and one power transmission asset in India. Does it. These properties are spread collectively. Approximately 4,400 lane-kilometres of roads and approximately 960 circuit kilometers of power transmission infrastructure With this acquisition, Edelweiss Alternatives' infrastructure platform becomes significantly larger, comprising a total of 26 assets. This expanded portfolio will now include approximately 5,000 lane-kilometres. Roads, 1,800 circuit kilometers of power transmission assets, and 813 megawatt peak (MWp) of renewable energy capacity.The cumulative annual revenue from these assets is estimated to be around Rs 3,000 crore, expressed Sreekumar Chhatra, managing director of Infrastructure Yield Strategy and Edelweiss Alternatives. Enthusiastic about the acquisition, highlighting the strategic value it brings to their business, Chatra emphasized the strong track record of revenues and operations of the acquired assets, considering their geographical dispersion and long residual life as they add to the portfolio and Underscored Edelweiss Alternatives' commitment to creating greater value. Chatra said, “This acquisition is a significant milestone for our business through strong asset management and operational capabilities. These assets have a proven track record of revenues and operations, are geographically dispersed and have long With our strong asset management and operational capabilities, we are confident of creating more value in the portfolio and growing it.Subahu Chordia, head of real assets strategy at Edelweiss Alternatives, emphasized the platform's appeal to a variety of investors, including global pension funds, domestic institutions, ultra-high-net-worth individuals (UHNIs), family offices and corporates. Chordia highlights investors' preference for managers with a strong management pedigree, industry experience, on-ground operational teams, good governance structures and a proven track record of performance. Chordia said, “Our Real Assets strategy includes global pension funds such as Strong interest has been seen across investor sectors, he said, adding that domestic institutions, UHNIs, family offices and corporates, LPs are looking to invest with managers with strong management with a demonstrated track record in on-ground presence of the operating team, strong governance framework and strategy. indicate priority. “With our strong platform capabilities, we will continue to offer specific capital solutions for asset monetization and recycling of capital for infrastructure developers. With this acquisition, we will have a high-quality diversified infrastructure portfolio of 26 assets across 13 states, making us a leading infrastructure investor in India.With this acquisition, Edelweiss Alternatives aims to strengthen its position as a leading infrastructure investor in India. The platform is geared towards offering tailor-made capital solutions to infrastructure developers, facilitating monetization and capital recycling. This acquisition is in line with Edelweiss Alternatives' focus on providing high quality credit and yield opportunities to both domestic and global investors.