Vinci Acquires Macquarie's Indian Toll Road Portfolio for $1.7 Billion
French infrastructure giant Vinci SA is purchasing a portfolio of nine operational Indian toll highways from Macquarie Asset Management for approximately $1.7 billion, marking its return to the Indian market after over a decade.
Key Points
- Vinci SA is acquiring nine operational Indian toll highways from Macquarie for $1.7 billion.
- The deal marks Vinci's return to the Indian infrastructure market after more than a decade.
- Transaction expected to close by end of 2026, pending regulatory approvals.
- One of the largest road asset transactions in India.
Full Details
French infrastructure group Vinci SA has agreed to acquire a portfolio of nine operational toll highway concessions in India from Macquarie Asset Management for an enterprise value of about USD 1.7 billion (approximately INR 15,000 crore). This transaction represents one of the largest road asset deals in the country and signals Vinci's strategic re-entry into the Indian infrastructure sector after more than a decade away. The portfolio consists of nine operational toll-highway concessions, and the deal is expected to close by the end of 2026, pending standard regulatory clearances. This acquisition underscores continued strong foreign investor interest in India's growing infrastructure assets, particularly in the transportation sector.
Why It Matters
This major acquisition highlights sustained foreign capital inflow into India's infrastructure sector and could spur further investment in road networks, supporting the country's economic growth and connectivity goals.
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