Adani Airports to raise $1 billion to expand for 200 million passengers
Dubai: Adani Airport Holdings Limited is set to raise about $1 billion in fresh equity from a group of major global and domestic investors, with the money earmarked for airport expansion, modernisation and facilities designed to support around 200 million passengers annually. The ₹9,825 crore investment will come from a consortium…
Adani Airport Holdings Limited is planning to raise approximately $1 billion from a group of major global and domestic investors. The funds will be used for airport expansion, modernization, and facilities capable of supporting around 200 million passengers per year. The ₹9,825 crore investment comes from a consortium including Alpha Wave Global, Premji Invest, Temasek, and BlackRock-managed funds.
This valuation puts Adani Airport Holdings at around $18 billion before the new investment. Investors will purchase shares in three tranches, with the final tranche expected to be completed by July 2027. Upon completion, they will collectively own around 5.54% of the company. The investment is subject to customary conditions and approvals.
This move aims to enhance airport infrastructure across Adani's portfolio, increase capacity, improve passenger-facing operations, and develop integrated airport city projects.
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