Macquarie Acquires Maple InvIT Stake, Bets Big on India Infrastructure
What Happened
Macquarie Asset Management, through its Macquarie Asia-Pacific Infrastructure Fund 4 (MAIF4), has acquired a stake in Maple Infrastructure Trust, an InvIT that owns and operates seven toll roads across India. As part of the deal, Macquarie committed $450 million, including $150 million earmarked for future acquisitions, while La Caisse committed an additional $150 million to support growth. Following the transaction, both firms will jointly control Maple’s investment and project managers.
Key Takeaways
The investment underscores growing global investor confidence in India’s infrastructure sector. Maple’s portfolio spans seven toll roads across six states, and the fresh capital is expected to support expansion through acquisitions and strengthen its position in India's fast-growing transport infrastructure market.