INVESTMENTS PARAMETERS
1. INFRASTRUCTURE - LARGE OPERATING ASSETS:
- operating assets only
- prefer to co-invest minority or majority interest in to assets or portfolio held in SPVs together with local reputable operating partners with strong track record
- may consider buying 100% interest (and find our operating manager/partner)
- preferably our portion of equity investment is over $100+ million and no upper limit
- power projects (conventional or renewable), transmission lines, pipelines, roads, airports, seaports, railways, water and waste water management systems etc (social infrastructure such as hospitals are NOT for us)
- potential major financial partners are large Canadian financial institutions such as pension funds and insurance companies
2. SOLAR GREENFIELD PROJECTS:
- interested in partnership opportunities with local partners in India to develop Solar PV projects 5 MW+
- prefer to hold majority stake in the project SPV
- will co-invest our portion of the equity in the project
- will be responsible for sourcing debt and EPC at competitive terms
- we expect the local partner to co-invest its portion of the equity and acquire all necessary permits and land control as per the requirement of the project
- we will invest in up to 1GW of total capacity
3. HYDROPOWER GREENFIELD PROJECTS:
- co-invest up to 49% in hydropower projects of 100-250 MW each
- projects only with approvals and government clearances
- projects at early stage of execution so that this developer/builder can get involved in the construction work and provide project management services
- potential partner/investor is a large international developer/builder
4. SMALL-SIZED INVESTMENTS:
- investments say $10 million to $100 million (for larger investments we may bring our co-investors with us)
- preferably investments in to the COMPANIES in various sectors including, but not limited to, infrastructure and real estate including, but not limited to, companies in business of developing GREENFIELD projects
- may also consider investments in projects
- preferred sectors: infrastructure, real estate, environmental, telecommunications, consumer products, financial services
- also targeting renewable energy projects such as solar, wind, hydropower, bio-fuels, natural gas, energy efficiency, green information technologies, transportation, water, and green buildings, companies that service the renewable energy value chain
- potential partners/investors are very selective North American private equities and investment funds with mandate to invest in India
5. SPECIAL RELATIONSHIPS INVESTMENTS:
- private placement in public companies
- with strong growth potential
- with over $1 billion market caps
- over $100 million investment
- and of not more than 30% of total equity
6. INVESTMENTS IN MENA REGION
- As for the Middle-East and North Africa(MENA) region we only do healthcare (clinics, labs, pharmacies) and education (nurseries, schools, training centers).
- The company must have been operating for 2-3 years at least, and must be profit positive. We do take overs (51-100% stake). We do not do minority investments.