Brookfield Asset Management is reportedly preparing draft papers for an IPO of Altius Telecom Infrastructure Trust, seeking to raise up to $630 million. Altius, India’s largest telecom tower operator, is also considering a pre-IPO funding round. If approved, the listing could become one of the biggest infrastructure investment trust offerings in India in recent years.
Brookfield India Real Estate Trust has launched a Qualified Institutional Placement to raise Rs 2,600 crore, backed by investors including IFC, Whiteoak Capital, HDFC Life Insurance, Axis Max Life Insurance, and PPFAS Mutual Fund. The proceeds will fund new acquisitions and repay debt. The raise comes after substantial funding since 2023, as the REIT has expanded its operational assets.
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International banks are set to finance Brookfield’s 1.04 GW renewable energy project in India with $600 million. The plan blends wind, solar, and battery storage to deliver more reliable power rather than intermittent generation. Industry observers see it as another major vote of confidence for India’s expanding green power pipeline and large-scale sustainable investment.
Brookfield Asset Management is preparing to divest its 550-megawatt solar project in Bikaner, Rajasthan, in a deal estimated at around ₹3,000 crore. Jefferies is managing the sale as initial bids come from both overseas and domestic investors. The transaction is part of Brookfield’s broader portfolio reshuffling amid India’s fast-growing renewables market, with an eye on future priorities including EV-linked investments.
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