Macquarie Asset Management (MAM) has acquired a stake in Maple Infrastructure Trust, which owns and operates toll roads across India, from global investment group La Caisse. The transaction includes an investment of approximately $450 million, with $150 million allocated as additional equity for Maple's future acquisitions, the companies announced on Monday, according to livemint.com.
The deal involved Macquarie purchasing the stake directly from La Caisse, a global investment group. The $450 million infusion comprises both the acquisition cost and fresh equity to support Maple Infrastructure Trust's expansion plans. Maple operates seven toll roads across six Indian states under long-term concession agreements, providing a stable asset base for Macquarie's investment, livemint.com reported.
This investment highlights growing interest from global asset managers in India's infrastructure sector, particularly in toll road assets with steady cash flows. Comparable deals in the infrastructure investment trust (InvIT) space have attracted significant capital as investors seek stable returns amid economic growth. Macquarie's move aligns with a broader trend of international investors increasing exposure to Indian infrastructure assets, which are critical for the country's transport network expansion, according to livemint.com.
Maple Infrastructure Trust now benefits from Macquarie's $150 million additional equity earmarked for future acquisitions, supporting its growth strategy. The transaction was publicly announced on September 14, 2026, marking a significant capital infusion into India's toll road infrastructure sector, per livemint.com.