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MUMBAI: Private equity investor Actis is in advanced talks with infrastructure developer Patel Infrastructure Ltd to acquire a portfolio of four hybrid annuity model (HAM) roads from the company, said two sources aware of the development.
Last year, Actis Long Life Infrastructure Fund acquired six operating road assets from Welspun Enterprises for an enterprise valuation of approximately ₹6,000 crore.
Actis is also planning to set up an InvIT to house these road projects, said the second source.
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