Global investors landing at Adani Airport with $1 bn
Adani Airport Holdings (AAHL) has secured $1 billion in funding from a consortium of four investors, with the company's pre-money equity valuation reaching approximately $18 billion. The capital raise will be used for airport expansion and modernisation, with the goal of increasing annual passenger-handling capacity to about 200 million passengers.
The investors, Alpha Wave Global, Premji Invest, Temasek, and BlackRock, will collectively hold about 5.54% in AAHL. The valuation establishes a significant external institutional benchmark for the airports platform.
Brief written by urgent.news from The Economic Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
