AP Moller Capital targets stake in Pristine Logistics & Infraprojects
WAREHOUSING & LOGISTICS

AP Moller Capital targets stake in Pristine Logistics & Infraprojects

Denmark-headquartered Infrastructure fund manager A.P. M?ller Capital P/S, which is a part of the A.P. Moller Group, is among the entities interested in purchasing the stake currently held by private equity firm Global Infrastructure Partners in Pristine Logistics & Infraprojects, a logistics firm with a focus on railways. Global Infrastructure Partners, which was acquired by asset management giant BlackRock for $12.5 billion in a global deal earlier this year, currently holds a 57 per cent stake in Pristine Logistics & Infraprojects.

The private equity firm intends to exit its investment in Pristine Logistics & Infraprojects as it approaches the end of its fund life. A.P. Moller Capital concentrates on critical infrastructure investments within the transportation and energy transition sectors, backed by Danish and international institutional investors.

Robert M Uggla, who serves as the Chairman of A.P. Moller Maersk A/S, also holds the position of Chairman at A.P. Moller Capital.

Pristine Logistics & Infraprojects was established in 2008 by Amit Kumar and Rajnish Kumar, former Indian Railways officers who left the Indian Railways Traffic Service (IRTS).

Denmark-headquartered Infrastructure fund manager A.P. M?ller Capital P/S, which is a part of the A.P. Moller Group, is among the entities interested in purchasing the stake currently held by private equity firm Global Infrastructure Partners in Pristine Logistics & Infraprojects, a logistics firm with a focus on railways. Global Infrastructure Partners, which was acquired by asset management giant BlackRock for $12.5 billion in a global deal earlier this year, currently holds a 57 per cent stake in Pristine Logistics & Infraprojects. The private equity firm intends to exit its investment in Pristine Logistics & Infraprojects as it approaches the end of its fund life. A.P. Moller Capital concentrates on critical infrastructure investments within the transportation and energy transition sectors, backed by Danish and international institutional investors. Robert M Uggla, who serves as the Chairman of A.P. Moller Maersk A/S, also holds the position of Chairman at A.P. Moller Capital. Pristine Logistics & Infraprojects was established in 2008 by Amit Kumar and Rajnish Kumar, former Indian Railways officers who left the Indian Railways Traffic Service (IRTS).

Next Story
Products

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Next Story
Infrastructure Energy

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

Next Story
Infrastructure Energy

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation  and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India.   The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?