Media Room

I Squared Capital Recognized as Asia Pacific Transport Investor of the Year for Its Investment in Cube Highways

16 Mar, 2021

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 service covering global infrastructure markets. Read more

Road Asset Monetisation: NHAI Receives Rs 5,011 Cr In Upfront Payment From Cube Highways For 3rd Tranche Of TOT Bundle

25 Oct, 2020

The National Highways Authority of India has received upfront payment of Rs 5,011 crore from Singapore-based toll roads platform Cube Highways and Infrastructure which won its third tranche of highway projects under toll-operate-transfer (TOT) mode, reports India Infrahub. Read more

NHAI receives Rs 5,011-cr upfront for Bundle 3 of toll highway projects

25 Oct, 2020

The National Highway Authority of India (NHAI) has received upfront consideration of Rs5,011 crore towards projects awarded under Bundle 3 of toll-operate-transfer (TOT) highway lengths. Read more

NHAI receives Rs. 5,011 cr from Cube Highways towards TOT third bundle

25 Oct, 2020

Last year, the highway authority had put up nine stretches of roads, totalling 566 km across, and comprising nine toll plaza across Uttar Pradesh, Jharkhand, Bihar and Tamil Nadu, in the third round of TOT Read more

Cube Highways pays Rs 5,011 crore to NHAI for TOT-3

25 Oct, 2020

NEW DELHI: A year after it won bids for the third bundle of Toll-operate-transfer projects, Cube Highways has paid the National Highways Authority of India ?5,011 crore towards the award. Read more

Cube adds nine Indian roads to its portfolio for $681m

23 Oct, 2020

The I Squared-backed company will invest an additional $95m in the assets over the course of the 30-year concession it was awarded. Read more

NHAI receives ₹ 5,011 cr from Cube Highways towards TOT third bundle

19 Oct, 2020

Last year, the highway authority had put up nine stretches of roads, totalling 566 km across, and comprising nine toll plaza across Uttar Pradesh, Jharkhand, Bihar and Tamil Nadu, in the third round of TOT Read more

Cube Highways Closes on 30-year Concession of Nine Operating Roads With $684 Million Payment

19 Oct, 2020

SINGAPORE--(BUSINESS WIRE)--Cube Mobility Investments Pte. Ltd. (Cube Highways), a portfolio company of I Squared Capital through its ISQ Global Infrastructure Fund II. Read more

Cube Highways Acquires KNR Walayar Tollways

29 Sep, 2020

SINGAPORE--(BUSINESS WIRE)--Cube Highways III, a portfolio company of I Squared Capital through its ISQ Global Infrastructure Fund II, has acquired 100 percent of KNR Walayar Tollways Private Limited (KWTPL). Read more

I Squared-backed Cube Highways wraps up road asset deal with HCC

22 Sep, 2020

Singapore-based Cube Highways and Infrastructure Pte. Ltd has finally completed a transaction to acquire a road project from a... Read more

Cube Highways Acquires Farakka-Raiganj Highways Limited

22 Sep, 2020

SINGAPORE--(BUSINESS WIRE)--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). Read more

Cube Highways signs Rs 3,500 crore loan agreement with SBI to buy NHAI toll roads: Report

09 Sep, 2020

Cube Highways and Infrastructure has entered into a Rs 3,500 crore agreement with the State Bank of India (SBI) to purchase the third bundle of toll-operate-transfer (TOT) road assets auctioned by the National Highways Association of India (NHAI). Read more

Cube Highways raises ₹3,500 cr from SBI to acquire NHAI toll roads

08 Sep, 2020

The TOT model developed by the NHAI uses a one-time, upfront concession fee paid to the government in return for the right to operate, maintain and collect tolls over 30 years on select operational national highway stretches. Read more

Cube Highways wins third TOT bundle with ₹5,011 crore bid

21 Nov, 2019

Road developer Cube Highways and Infrastructure Pte Ltd has emerged as the highest bidder in round three of road auctions under the toll-operate-transfer (TOT) model, although its price offer was marginally... Read more

Mitsubishi-led group to buy 20% stake in Cube Highways

28 Dec, 2017

Singapore-based Cube Highways and Infrastructure Pte Ltd has agreed to sell a 20% stake to a consortium led by Japan’s Mitsubishi Corporation for an undisclosed amount... Read more

Cube Highways sells minority stake to ADIA unit

07 Nov, 2017

Cube Highways and Infrastructure Pte. Ltd, a road platform formed by I Squared Capital and World Bank’s International Finance Corp. (IFC), on Monday said that it has signed definitive agreements for... Read more

Cube Highways to acquire Western UP Tollway Ltd

21 Jan, 2016

NCC Ltd, along with Gayatri Projects Ltd and its unit Gayatri Infra Ventures Ltd, has signed an agreement to sell 100% of their shareholding in Western UP Tollway Ltd to Cube Highways... Read more

Cube Highways Signs an Agreement to Acquire a 100 Percent Ownership in Madhucon Agra Jaipur Expressways Ltd

23 Oct, 2015

SINGAPORE-Cube Highways and Infrastructure Pte. Ltd. (Cube Highways) is pleased to announce that it has signed an agreement to acquire a 100 percent ownership interest in Madhucon Agra... Read more