Clutch of funds in race for NIIF’s $1.2 billion roads portfolio

Global infrastructure majors signing the Non-Disclosure Agreement (NDA) include Spanish company Abertis, French road developer VINCI Highways, PE fund KKR and two Canadian funds – CDPQ, Canada Pension Plan Investment Board (CPPIB). A road operator from South Korea is also interested and signed the NDA but its name could not be independently ascertained yet.