A Japanese consortium comprising Osaka Gas, Sumitomo Corp, and a Japanese government-private sponsored investment fund is set to invest $370 million in a platform focused on investing in companies developing city gas distribution networks in India. This announcement was made by global infrastructure investor I Squared Capital on Monday.The investment aims to acquire a minority stake in the platform, which will facilitate investments in Indian companies involved in the development and operation of natural gas infrastructure.
Japanese Consortium to Invest $370 Million in Natural Gas Transition Platform in India
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