3 weeks ago
Canada's PSP mulls $1.5 billion sale of roads in India
Imagine a giant piggy bank that saves money to help retired workers.
In Canada, a big piggy bank called PSP Investments owns roads in India.
Roads can make money because people pay tolls to drive on them.
Now, the piggy bank is thinking about selling those Indian roads to someone else.
They might get about $1.5 billion for them, which is a huge amount of money.
The piggy bank also owns roads in other countries like Brazil, Mexico, Spain, and the United States.
The roads in India helped the company grow a lot last year.
Some other companies are interested in buying the roads.
But nothing is decided yet because it is still early in the process.
So for now, the roads stay with PSP Investments.
PSP Investments is exploring options for its road assets in India, including a possible sale.
The Canadian pension fund may seek a valuation of $1.5 billion for the roads, including debt.
The assets are part of Roadis, the fund's global road investment platform created in 2016.
Roadis also holds roads in Brazil, Mexico, Spain and the US; Indian assets contributed significantly to growth in 2025.
Other investment firms and industry players have shown preliminary interest, but no final decision has been made.
- Who
- PSP Investments (the Public Sector Pension Investment Board), a Canadian public pension fund.
- What
- Exploring a possible sale of its road assets in India, potentially valued at $1.5 billion including debt.
- Where
- India, where the road assets are located; PSP is based in Canada, and its Roadis platform also operates in Brazil, Mexico, Spain and the US.
- When
- Timing not specified; the considerations are at an early stage and no final decision has been made.
- Why
- PSP is examining divestment options for the assets as part of private considerations, and other investment firms and industry players have shown preliminary interest.
Key facts
- Investor
- Public Sector Pension Investment Board (PSP Investments), Canada
- Reported valuation
- $1.5 billion including debt
- Asset platform
- Roadis, created in 2016
- Other Roadis countries
- Brazil, Mexico, Spain, United States
- Stage of talks
- Early-stage; no final decisions made
- Adviser
- An unnamed adviser is assisting the potential divestment
- Buyer interest
- Preliminary interest from other investment firms and industry players








