The Canadian pension fund often known as PSP Investments is working with an adviser on the potential divestment, the individuals stated, asking to not be recognized as a result of the issues are non-public. It might search a valuation of $1.5 billion for the roads, together with debt, the individuals stated.
The property underneath assessment are a part of the fund’s global road investment platform Roadis, which was created in 2016. Past India, it additionally has roads in Brazil, Mexico, Spain and the US. The Indian property have been a big contributor to the corporate’s development, in line with its 2025 report.
Different funding corporations and business gamers have proven preliminary curiosity, however issues are at an early stage and no remaining choices have been made, the individuals stated.
A consultant for PSP Investments declined to remark.
PSP Investments had net assets under management of C$320.6 billion ($230 billion) as of the top of March.
