Edelweiss Infrastructure Yield Plus (YIELD+) an AIF managed by Edelweiss Alternative Asset Advisors Ltd. (EAAA), along with its portfolio company Sekura Roads Limited (SRL) announced the acquisition of two annuity road assets - Navayuga Dhola Infra Projects Limited (in Assam) and Navayuga Dibang Infra Projects Private Limited (in Arunachal Pradesh). These assets have been acquired from Navayuga Road Projects Private Limited (NRPPL) a subsidiary of Navayuga Engineering Company Limited (NECL), making this one of the first infrastructure deals closed in the current lockdown environment.

SRL is the road and highway infrastructure platform of YIELD+ focused on acquiring operating road assets. With the acquisition of these road assets, Sekura Roads start its journey to become one of the leading asset owners and investors in the road sector. YIELD+ is looking to contribute in a sustainable manner to the growing infrastructure assets needs of India by helping the Indian infrastructure companies to recycle their capital and focus on their core construction business. The acquisition of these assets by YIELD+ is a testament to its willingness, ability, and capability to complete transactions despite the prevailing challenging conditions.