Resolut PartnersEY Building a better working world

InvITs and Infrastructure - Unconference


Roads | Energy | Social Infra | Innovative Financing

Tuesday, 29 August, 2023

The Fullerton Hotel, Singapore


4:30 pm – 6:30 pm (SGT)


Knowledge Support

Aprea
Avener

About

Infrastructure has clearly gained the centre-stage for economic recovery in recent times driven by Government’s ambitious national infrastructure pipeline, GatiShakti, Atmanirbhar Bharat and other initiatives. Late 2021, one of the world’s largest infrastructure groups, Ferrovial – Cintra, forayed into India. The growth story was scripted to a large extent on the back of an ambitious exit strategy through InvITs and their potential to unleash true value in a tax optimal manner.

As advisors to investors in several of these InvITs (public and private listed) and architects of the first unlisted InvIT, we have seen the whole cycle of asset monetisation and evolution of the tax and regulatory landscape.

We invite you to join us in the analysis of the evolving commercial and regulatory landscape, the risk-return profiles, the tax benefits, the regulatory landscape and importantly, the intricacies of asset monetisation in a few core sectors.

Opening Remarks


12:00 PM – 12:30 PM (IST)

Sigrid Zialcita

Sigrid Zialcita

CEO

Asia Pacific Real Assets Association

Prerna Mehndiratta

Prerna Mehndiratta

Partner

Price Waterhouse & Co LLP

Ruchir Sinha

Ruchir Sinha

Managing Partner

Resolüt Partners

SEBI as a Regulator and a Facilitator


12:30 PM – 1:00 PM (IST)

Ashwani Bhatia

Ashwani Bhatia

Whole Time Member

SEBI

Presentation on Global Innovations in Road Development


1:00 PM – 1:15 PM (IST)

Carlos Ugarte

Carlos Ugarte

Head of Corporate and Business Development

Ferrovial - Cintra

Lunch

1:15 PM – 2:00 PM (IST)

Session 1

Opportunities and Dealmaking Nuances in Infrastructure


4:30 PM - 5:30 PM (SGT)

  • Asset recycling – unleashing true value of locked up assets
  • Investing in developmental assets – risks and potential
  • Growth of captive investment platforms and LP direct investments

Session 2

Q&A on InvITs - What's really the commercial story?


5:45 PM - 6:30 PM (SGT)

  • Energy transition – pivot for India’s climate ambitions – is a $14.5 trillion opportunity for investors
  • Innovation and ecosystem – technology and regulation that will shape up the energy transition market
  • Business models and opportunities for investors in the New Energies ecosystem (a fresh look at the investor-developer collaboration)
  • InvITs as opportunities for low cost financing and asset monetisation (public vs. private vs. unlisted)

Session 1

Opportunities and Dealmaking Nuances in Infrastructure


4:30 PM - 5:30 PM (SGT)

  • Social infrastructure and monetisation through InvITs
  • Developer’s and financial sponsor’s take on funding structures prevalent internationally such as debt SPACs, zero coupon bonds, back ended amortization, LBO financing
  • Special situation funds cracking the formula of mitigating risks while earning relatively higher rewards
  • Recent changes to the SWF and pension funds tax regime in Infrastructure

Closing Remarks

Mohit Chopra

Mohit Chopra

Partner

PwC PL

Followed By

Stand-up comedy + Drinks

Speakers

Sigrid Zialcita

Sigrid Zialcita

CEO

Asia Pacific Real Assets Association

Ashwani Bhatia

Ashwani Bhatia

Whole Time Member

SEBI

Carlos Ugarte

Carlos Ugarte

Head of Corporate and Business Development

Ferrovial - Cintra

Virendra D Mhaiskar

Virendra D Mhaiskar

Chairman

IRB Infrastructure

Deb Hajara

Deb Hajara

Senior Principal

Ontario Teachers' Pension Plan

Sumit Sen

Sumit Sen

Partner

Actis

Harsh Shah

Harsh Shah

CEO

Azure Power

Pushkar Kulkarni

Pushkar Kulkarni

Managing Director

CPP Investments

Parag Sharma

Parag Sharma

Founder & CEO

O2 Power

Rahul Mody

Rahul Mody

Managing Director & Co-Head Investment Banking

Ambit Private Limited

Dev Santani

Dev Santani

Managing Director, Private Equity

Brookfield Asset Management

Madhur Agarwal

Madhur Agarwal

Managing Director

JP Morgan

Jasmeet Singh Chhabra

Jasmeet Singh Chhabra

Co-founder & Partner

Cerestra Ventures

Shivam Bajaj

Shivam Bajaj

Founder & CEO

Avener Capital

Prerna Mehndiratta

Prerna Mehndiratta

Partner

Price Waterhouse & Co LLP

Devayan Dey

Devayan Dey

Executive Director

PwC PL

Sandeep Mohanty

Sandeep Mohanty

Partner

PwC PL

Anish Sanghvi

Anish Sanghvi

Partner

Price Waterhouse & Co LLP

Mohit Chopra

Mohit Chopra

Partner

PwC PL

Adhitya Srinivasan

Adhitya Srinivasan

International Funds Lead

Resolüt Partners

Shreyas Bhushan

Shreyas Bhushan

Partner

Resolüt Partners

Ruchir Sinha

Ruchir Sinha

Managing Partner

Resolüt Partners