EY has successfully advised Welspun Enterprises Limited in the sale of its highway portfolio of six concessions to Actis Long Life Infrastructure Fund for an aggregate enterprise value of ~INR 5,853 crore.
EY acted as the exclusive M&A advisor to Welspun.
Welspun Enterprises Limited (WEL), part of the Welspun Group, is an infrastructure development company focusing on Road, Water and Wastewater segments. The Company also has investments in Oil & Gas Exploration. Backed by experienced management and strong parentage, WEL has a proven track record with the execution of water supply projects and over 1,000 km of road projects
The Actis Long Life Infrastructure Fund, established in 2019, focuses on acquiring, owning and operating stabilised infrastructure assets across multiple sectors, driving operational value, and delivering a strong cash yield for investors and measurable ESG impact. Since its inception in 2019 with US$1,234m of commitments, the fund has made significant global investments across the power generation, distribution and district energy segments and is now entering the transport sector.