IndiGrid Infrastructure Trust Raises INR1,500 Crores, Announces Acquisitions in Q3FY26

IndiGrid Infrastructure Trust has raised INR1,500 crores through an Institutional Placement and signed agreements to acquire Gadag Transmission Limited from ReNew and two under-construction projects from EnerGrid. The company's AUM stands at INR32,800 crores with a predictable pipeline of approximately INR7,500 crores. The financial performance for the quarter showed a revenue growth of 11.7% and EBITDA growth of approximately 13%. The net debt to AUM reduced to 56.5% post the institutional placement. The weighted average availability for the entire portfolio remains at 99.77%, and CUF for solar capacity is at 21.6%.