Ontario Teachers’ Pension Fund Acquires 30% Stake in Mahindra Susten, Plans InvIT

The InvIT will comprise renewable power assets of 1.54 GW capacity

September 19, 2022

/ Vijayalakshmi Sridhar

/ Finance and M&A, Other, Renewable Energy

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Global investor Ontario Teachers’ Pension Plan will acquire a 30% equity stake in Mahindra Susten, a cleantech arm of Mahindra Group, for an equity value of ₹23.71 billion (~$300 million).

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Vijayalakshmi Sridhar

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