IndInfravit agreed a INR66bn (€845.4m) deal to buy a roads portfolio from Sadbhav. : India’s first private infrastructure investment trust has agreed a INR66bn (€845.4m) deal to buy a roads portfolio from Sadbhav Infrastructure Project Limited (SIPL). IndInfravit Trust, which is majority-owned by Canada Pension Plan Investment Board (CPPIB) and Allianz, is buying the entire equity shareholding in nine of SIPL’s operational road projects in a cash and share deal. The roads portfolio comprises seven toll roads and two annuity roads, with total 2,619km in Gujarat, Karnataka, Maharashtra, Rajasthan and Telangana.