Contribution By Saipriya Iyer


Debt-laden IL&FS plans to sell a dozen revenue generating projects

Indian infrastructure development and finance company, the Infrastructure Leasing & Financial Services (IL&FS) is reportedly planning to sell a dozen national highway projects that have been completed and are presently generating toll revenue. Sources from the National Highways Authority of India (NHAI) stated that the …

NIIF buys IDFC Infrastructure Finance, expands in private debt sector

India’s National Investment and Infrastructure Fund (NIIF) recently confirmed that it had acquired IDFC Infrastructure Finance Limited (IDFC-IFL). IDFC-IFL is a non-banking finance company (NBFC), registered as an infrastructure debt fund with the Reserve Bank of India. For the record, IDFC-IFL loans funds to operating …

Brookfield in talks to buy power solutions unit of Johnson Controls

Brookfield Asset Management Inc., a Toronto-based Asset management company, is reportedly nearing a deal to purchase the power solutions business of Johnson Controls International plc – an Ireland-based automotive parts and HVAC company. Reports cite, the acquisition would be this year’s biggest leveraged buy-outs and …

UQM Technologies unveils new integrated fuel cell compressor system

UQM Technologies Inc., a manufacturer of alternative energy technologies, has recently announced the launch of PowerPhase® FCS – the new Integrated Fuel Cell Compressor System. As per credible sources, this product is designed to serve the fuel cell market’s growing demand for a high performance …

SAGIA announces SR16.5B for the regional construction industry

The Saudi Arabian General Investment Authority (SAGIA) has reportedly announced massive investments worth USD 4.4 billion (approximately SR16.5 billion) in the Kingdom’s construction and real estate industry. Reports affirm that the declaration has come on the heels of advancing economic reforms in the region. Sources …