Brookfield buys into Indian infrastructure with road & power deal

August 28, 2015 10:05 AM

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NEW DELHI Aug 28 Canada's Brookfield Asset Management on Friday made its first significant investment in Indian infrastructure, buying six road and three power projects from India's Gammon Infrastructure Projects Limited.

A consortium composed of Brookfield and the Core Infrastructure India Fund Pte Ltd are buying the projects, six of which are operational, said Ambit Holdings, which advised Gammon on the deal.

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