Indian Investors may join Brookfield's investment to buy East West Pipeline


A set of Indian investors are keen to join the infrastructure investment trust (InvIT) led by Brookfield Asset Management Inc to buy East West Pipeline Ltd (EWPL) for an enterprise value of Rs 130 billion ($1.83 billion), the Economic Times reported Monday, quoting people aware of the development.

EWPL, earlier known as Reliance Gas Transportation Infrastructure Ltd, is a unit of Reliance Utilities Private Limited. It transports gas from Kakinada in south-eastern India to Bharuch in the west. Investors such as ICICI Prudential.....

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