Media Room

Cube Highways wins Asia’s Investor of the Year – Private Equity at the Infrastructure Institutional Awards 2020 by The Asset Magazine

05 Nov, 2020

Cube Highways group, a portfolio company of I Squared Capital, has been recognized as “Investor of the Year – Private Equity” by The Asset Magazine in its Triple A Infrastructure Institutional Awards 2020.

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Cube Highways closes on 30-year concession of 9 operating roads with $684 million payment

19 Oct, 2020

Cube Mobility Investments Pte. Ltd. (Cube Highways), a portfolio company of I Squared Capital through its ISQ Global Infrastructure Fund II, has today closed the acquisition of nine operating highway projects from the National Highways Authority of India (NHAI) .

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Cube Highways acquires Farakka-Raiganj Highways Limited

22 Sep, 2020

SINGAPORE, SEPTEMBER 22, 2020 Cube Highways II, a portfolio company of I Squared Capital through its ISQ Global Infrastructure Fund II, has acquired 100 percent of Farakka-Raiganj Highways Limited(FRHL), an operating toll road in the state of West Bengal, India, from HCC Concessions Limited.

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Cube Highways enters into Financing Agreements for TOT-Bundle 3 projects

08 Sep, 2020

Cube Mobility Investments Pte. Ltd (“Cube Highways”), part of the Cube Highways group, has entered into Financing Agreements, through its Indian SPVs formed for the TOT 3 bundle, with State Bank of India (SBI) for availing the term loan facility of INR 3,500 Crores towards the TOT-Bundle 3 projects. This is a landmark transaction and one of the largest financings in the Indian road sector till date.

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Cube Highways to acquire KNR Walayar Tollways

10 Jan, 2020

Cube Highways and Infrastructure III Pte. Ltd., (Cube Highways), a portfolio company of I Squared Capital through its ISQ Global Infrastructure Fund II, has entered into an agreement to acquire a 100 percent stake of KNR Walayar Tollways Private Limited (KWTPL), an operating toll road in the state of Kerala, India...

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Cube Highways to acquire five Hybrid Annuity Model

10 Sep, 2019

Cube Highways and Infrastructure III Pte. Ltd., (Cube Highways), a portfolio company of I Squared Capital through its ISQ Global Infrastructure Fund II, has entered into an agreement with Dilip Buildcon Limited to acquire five new hybrid annuity road projects in the Indian states of Maharashtra, Telangana and Odisha...

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Cube Highways Deal Announcement

29 Apr, 2019

Cube Highways and Infrastructure Pte. Ltd., a portfolio company of I Squared Capital through its ISQ Global Infrastructure Fund I, has entered into an agreement to acquire a 100 percent stake of Ghaziabad Aligarh Expressway Private Limited (GAEPL), an operating toll road in the state of Uttar Pradesh, India...

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Cube Highways to acquire Delhi-Agra Toll Road

18 Mar, 2019

Cube Highways and Infrastructure III Pte. Ltd., an affiliate of Cube Highways and a portfolio company of I Squared Capital through its ISQ Global Infrastructure Fund II, has entered into an agreement with Reliance Infrastructure Limited to acquire a 100 percent stake of DA Toll Road Private Limited (DATRPL)...

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Cube Highways to acquire 100 percent stake of two toll roads of Tamil Nadu

03 Dec, 2017

Cube Highways & Infrastructure Pte. Ltd. (“Cube Highways”) has entered into an agreement with IVRCL Ltd. to acquire 100 percent of Salem Tollways Limited (“STL”) and Kumarapalayam Tollways Limited (“KTL”), both subsidiaries of IVRCL...

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Cube Highways’ Subsidiary Becomes the First NHAI Toll Road to Receive AAA (SO) Credit.

03 Sep, 2017

CRISIL (a subsidiary of Standard and Poor’s), on August 30, 2017 has assigned a credit rating of AAA (SO) (Triple A) to the INR 192 crores credit facilities of Mahua Bharatpur Expressways Limited (MBEL), a subsidiary of Cube Highways and Infrastructure Pte. Ltd...

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Cube Highways completes acquisition of 100 percent stakes of Andhra Pradesh Expressways Limited

24 Mar, 2017

Cube Highways and Infrastructure Pte. Ltd. (Cube Highways), a portfolio company of I Squared Capital and the International Finance Corporation (IFC), has completed its acquisition of 100 percent ownership interest in Andhra Pradesh Expressways Limited (APEL)...

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Cube Highways signs an agreement to acquire a 100 percent stake in Andhra Pradesh Expressways Limited

25 Aug, 2016

Cube Highways and Infrastructure Pte. Ltd. (Cube Highways), a portfolio company of I Squared Capital and the International Finance Corporation (IFC), is pleased to announce that it has signed an agreement to acquire a 100 percent interest...

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Cube Highways completes the acquisitions of Madhucon Agra Jaipur Expressways Ltd

06 Jun, 2016

Cube Highways and Infrastructure Pte. Ltd. (Cube Highways), a portfolio company of I Squared Capital and the International Finance Corporation (IFC), is pleased to announce the completion of two acquisitions...

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I Squared Capital recognized as Asia Pacific Transport Investor of the Year

15 Mar, 2016

I Squared Capital has been named the Asia Pacific Transport Investor of the Year for its investment in Cube Highways and Infrastructure Pte. Ltd. (Cube Highways) by Private Equity International (PEI) Infrastructure Investor Magazine, the leading industry news...

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