Economy, Banking and Finance · 9 July 2026
TPG acquires 100 per cent stake in Aseem Infrastructure Finance from National Investment and Infrastructure Fund (NIIF)
Exam-focused facts from the 9 July 2026 current affairs briefing.
Key facts
- Global private equity firm TPG is acquiring a 100 per cent stake in Aseem Infrastructure Finance from the National Investment and Infrastructure Fund (NIIF) and other entities for an undisclosed sum.
- TPG is partnering with Singapore's GIC and ICICI Bank for the investment through its climate investing platform, TPG Rise Climate.
- ICICI Bank will hold up to a 5 per cent stake in Aseem Infrastructure Finance.
- Aseem Infrastructure Finance was founded in 2020 by NIIF, with the Government of India and Japan's SMBC as minority shareholders.
- Aseem Infrastructure Finance has disbursed over ₹40,000 crore in loans, funding over 27 GW of renewable energy projects and 2,000 km of power transmission projects.