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CUBE HIGHWAYS AND INFRASTRUCTURE
NHAI flags off asset monetisation for FY27The National Highways Authority of India has started its asset monetisation drive for the current financial year. Bids were opened for two ...- Cypriot Prez Christodoulides concludes India visit as ties upgrade to strategic partnershipIndia and Cyprus have elevated their relationship to a strategic partnership. Cypriot President Nikos Christodoulides concluded his visit t...
- CCI okays Blackstone, other investors' proposal to acquire stake in AI firm Neysa NetworksIndia's competition regulator CCI has approved a deal. Blackstone-backed funds and other investors will acquire a stake in Neysa Networks. ...
- I Squared to pump $1 billion into power grid assetsUS firm I Squared Capital is investing one billion dollars in India's power transmission sector. A new entity, Cube Grid, will build essent...
- Reliance Infra to sell Pune Satara toll road project to Cube Highways and Infrastructure III for Rs 2000 croreCube Highways, a Singapore-based company, is set to acquire Reliance Infrastructure's Pune Satara Toll Road project for an estimated enterp...
- Cube Highways InvIT buys 2 road assets of NIIFCube Highways Trust acquired two road assets from the National Investment and Infrastructure Fund in Jammu and Kashmir. The deal was valued...
- L&T, 6 others pick 8.03% stake in Cube Highways Trust for Rs 1,243 croreThe company had clocked a loss of Rs 20 crore in the year-ago period. Its total income rose to Rs 830.9 crore from Rs 781.6 crore, while ex...
- Cube Highways plans to sell 7 road projectsSingapore-based Cube Highways & Infrastructure, an investment arm of I Squared Capital, plans to sell seven highway projects spanning 516 k...
- Cube Highways InvIT raises $630 million from BCI, Mubadala & othersOf the total proceeds, Rs 3,474 crore is primary fundraise which will be used to repay or prepay debt of the road projects housed under the...
- HCC Group sells BFHL to Cube Highways and InfrastructureHCC Group is to receive a total of Rs 941 crore which includes upfront amount of Rs.677 crore and Rs.264 crore payable by Q3 FY24 and Q1 FY...
- Cube Highways takes over 80-km Karnataka road stretch from LancoCube Highways is a portfolio company of Isquared Capital, which is fully-owned by Abu Dhabi Investment Authority, and mostly invests in Ind...
- Reliance Infra completes sale of Delhi-Agra toll road to Cube Highways for Rs 3,600 croreThe deal was announced in March 2019 with the signing of a definitive binding agreement between Reliance Infra and Cube Highways and Infras...
- HCC closes sale of West Bengal road asset to Cube Highways at enterprise value of Rs 1,508 croreThe stake sale is a part of the loss making company’s strategy to deleverage the balanesheet and address its asset-liability mismatch.
- Infrastructure company Cube Mobility secures Rs 3500 crore loan for ToT projectsCube Highways had been awarded TOT- Bundle 3 Projects, consisting of 9 road stretches with 2,265 lane kilometers across four states in Indi...
- Cube Highways plans InvIT to sell a part of its road assetsThe move comes after the government removed the tax barrier for private placement of InvITs in the budget, putting them at par with publicl...
- Cube Highways wins TOT project with Rs 5,011 cr bidFinancial bids for the third bundle of toll-operate-transfer(TOT) auctions were opened on Wednesday. TOT was introduced in 2016 to monetise...
- Singapore company to acquire RInfra’s Delhi-Agra toll roadThe deal has been signed at an enterprise value of Rs 3,600 crore.
- Mitsubishi-led group to buy 20% in Cube HighwaysA Mitsubishi Corporation-led Japanese consortium has agreed to buy a 20% stake in Cube Highways and Infrastructure, which is a Singapore-ba...
- Abu Dhabi fund to invest Rs 2,000 crore in Cube Highways & InfrastructureCube Highways is an independent, professionally-managed roads and highways platform that owns and operates more than 1,300 lane-kilometres ...
- Cube Highways to close Rs 575-crore WUPTL acquisition by MarchCube Highways and Infrastructure is likely to complete its acquisition of Western UP Tollway for an estimated Rs 575 crore by March.
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