Infrastructure Yield Plus Strategy, backed by Edelweiss Alternatives, purchased L&T's stake in the JV. :
Larsen & Toubro Limited (L&T) exited L&T Infrastructure Development Projects Limited, a joint venture with Canada Pension Plan Investment Board (CPP Investments). Infrastructure Yield Plus Strategy, backed by Edelweiss Alternatives, purchased L&T's stake in the JV. Its stake now stands at 100 percent. The portfolio comprises seven (7) operating roads and one (1) power transmission asset in India, spanning 4,400 lane-km and 960 ckms respectively.