GVK Power wants $600M of private equity investment
GVK Power and Infrastructure, an Indian energy company, is seeking up to $600 million in private equity investment into two of its business, according to Reuters. TPG Capital and an investment arm of Standard Chartered are currently in talks to invest between $250 million and $300 million for a 30 percent stake in GVK’s airport business. 3i and Actis have struck ‘in-principle’ agreements to buy stakes in GVK’s energy business for around $280 million.
8 October 2010•1 min read
