Edelweiss Infra fund buys two road assets from Navayuga for $140m

Edelweiss Infra fund buys two road assets from Navayuga for $140m

Photo: Reuters

Edelweiss Infrastructure Yield Plus, an alternative investment fund managed by Edelweiss Alternative Asset Advisors Ltd. (EAAA), along with its portfolio company Sekura Roads Ltd, has acquired two annuity road assets from the Navyuga group. The deal size is $140 million on an enterprise valuation basis.