Esoteric II Pte. Ltd ( an affiliate of KKR)
Esoteric II Pte. Ltd. is one of the Sponsors of IndiGrid. Esoteric II Pte. Ltd. is a company affiliated with funds, vehicles and/or entities managed and/or advised by affiliates of KKR. Founded in 1976, KKR is a leading global investment firm with approximately US$252 billion of assets under management as of December 31, 2020, that KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. Esoteric II Pte. Ltd. Had invested ₹10,840 million in IndiGrid in May 2019 and currently owns over 23% stake in IndiGrid. Separately, Electron IM Pte. Ltd., an affiliate of KKR currently owns 60% of the issued, paid-up and subscribed capital of the Investment Manager and has further agreed to acquire another 14% in the Investment Manager, subject to the terms and conditions of the agreement.
Sterlite Power Transmission Limited
Sterlite Power Transmission Limited is one of the leading independent power transmission companies operating in the private sector in India. SPTL also serves as the Project Manager for our Portfolio Assets (other than JKTPL and PrKTCL) with the responsibility of operating and managing all our power transmission assets and has extensive experience in bidding, designing, financing, constructing and maintaining power transmission projects across India and Brazil.