EAAA Alternatives, through its Infrastructure Yield Plus Strategy, has successfully completed the first phase of a landmark acquisition of Hybrid Annuity Model (HAM) road assets from the Ashoka Group. The initial phase involves the acquisition of five fully operational HAM road projects spanning approximately 1,600 lane-km across five Indian states.

The assets acquired include: Ashoka Kharar Ludhiana Road Ltd, Ashoka Khairatunda Barwa Adda Road Ltd, Ashoka Ranastalam Anandapuram Road Ltd, Ashoka Ankleshwar Manubar Expressway Pvt Ltd, Ashoka Kandi Ramsanpalle Road Pvt Ltd.

This transaction marks a significant milestone in the broader plan to acquire Ashoka Group’s complete 11-road HAM portfolio, totalling around 2,370 lane-km across six states. The remaining six projects are expected to be acquired in the next phase. Upon completion, the EAAA Alternatives Infrastructure Yield Plus platform will hold a diversified portfolio of 21 road assets, covering Toll, HAM, and Annuity models, with a total network of approximately 5,780 lane-km across 12 states.

The acquisition reinforces EAAA Alternatives’ commitment to building a high-quality, yield-focused infrastructure platform aimed at delivering sustainable returns to investors while contributing to the development of India’s core infrastructure.