Adani Group, one of the most diversified conglomerates in India, has always succeeded in attracting the attention of investors towards its infrastructural ventures. The conglomerate is a part of the most significant investment participation program. It has already raised 9 billion USD over four years. The Group attracts global and national investors to its fastest-growing infrastructure development projects. There isn’t any equivalent company in today’s emerging market compared to Adani Group in terms of diversification, making it one of the best options for investment for investors. Adani Group also offers different levels of flexibility to investors. It actively started looking for investors after the Adani Crisis. It is part of the ongoing 10-year capital program, which started in 2016 and will conclude in 2025.
How Did Adani Group Start Its Capital Transformation Journey?
Adani Group started the capital transformation journey for its infrastructure portfolio early in 2019. Since then, it has already acquired 9 USD billion from various investors. Some of the long-term investors of Adani Group include Qatar Investment Authority (QIA), Total Energies (TTE), International Holding Companies (IHC) and GQG partners (GQG). They have invested in various subsidiaries functioning under the Adani Group, which include Adani Ports and Special Economic Zone Limited (APSEZ), Adani Transmission Limited (ATL), Adani Green Energy Limited (AGEL), Adani Enterprises Limited (AEL), and Adani Total Gas Limited (ATGL). Considering the number of initiatives being taken by the Group, many investors are interested in the company even post the Adani crisis.
Biggest Investments Made in the Subsidiaries of Adani Group:
Here is a list of some of the biggest investors of Adani Group:
- Qatar Investment Authority: Qatar Investment Authority has invested 452 million USD in ATL (25% stake in AEML). The investment was made in February 2020. The venture was a profitable one, QIA.
- TotalEnergies: TotalEnergies has made a total investment of 3,345 million USD in various subsidiaries. This is one of the most significant investments made by foreign investors. It has invested in ATPL (JV with APSEZ), ATGL, AGEL.
- International Holding Company: IHC is one of the long-term partners of Adani Group. The company invested 2,000 million USD in AEL, ATL, and AGEL. The investment was made in May 2022.
- GQG Partners: Rajiv Jain of GQG has made a massive investment in AEL, ATL, AGEL, and APSEZ after the Adani Crisis. The investment is of 3,190 million USD. The deal was signed in 2023 as the company saw massive prospects in Adani Group’s business ventures.
The Adani Group Subsidiaries Which Attracted Maximum Attention from the Investors:
AEL: AEL’s main focus is on building infrastructure businesses. Its priority lies in the green hydrogen business and airports. Green hydrogen will help decarbonise the various industries and the mobility sectors. It will also push India towards being self-reliant in its supply of energy.
AEGL: AEGL is the fastest-growing renewable power company in India. It is also the largest company for renewable power generation. It has an operational portfolio of 8.1 GW. The company has commissioned 8:45 GW of renewable energy capacity by 2030. The company aims to be the lowest-cost generator of renewable power.
ATL: ATL is again another private energy solutions provider. It has made a distinct place in the power transmission and distribution industry. Currently, it is also focusing on smart metering systems. The smart meters will efficiently distribute electricity across different residential and commercial sectors. ATL also aims to aid in decarbonisation.
The Reason for the Investments:
The faith and confidence shown in Adani Group by these global investors reflect the strength of their business and Adani Group’s commitment towards offering high-quality services to the end users. The success of the investment program and the recovery made by the Adani Group after the Adani Crisis has generated the interest of other investors. It also demonstrates the excellent ability of the Group to raise funds to support the operations of its subsidiaries and achieve all its goals. The companies under Adani Group recently received 1.8 billion USD through the stake sale in three subsidiary companies. This ensures higher capability capital availability of Adani Group and excellent growth level. The investment made will help the company in further diversification of its portfolio.
Conclusion:
Adani Group is committed to raising its capital to complete its 10-year roadmap of the highly transformative capital management program. This will allow the company to fulfil the various plans for its portfolio companies and bring about an industrial revolution in India. It will further enhance India’s economy and take our country to the peak of success.
