Temasek

Adani Airports Raises $1B, Valued at $18B by Global Investors

Ahmedabad, India – September 13, 2026 -- Adani Airport Holdings Limited (AAHL) has signed binding agreements to raise ₹9,825 crore (approximately USD 1 billion) in primary equity from a consortium including Alpha Wave Global, Premji Invest, Temasek and BlackRock managed funds, valuing the airports platform at roughly USD 18 billion pre-money.

Investor consortium to hold 5.54% stake after three funding tranches

Under a Share Subscription Agreement and Shareholders' Agreement, the investors will inject capital in three tranches, with the final installment expected by July 2027. Once complete, the consortium will collectively own approximately 5.54% of AAHL, marking one of the largest primary equity investments by financial institutions in India's airport infrastructure sector.

Adani Airports Raises $1B, Hits $18B Valuation from Global Investors

Ahmedabad – September 12, 2026 -- Adani Airport Holdings Limited (AAHL) has signed binding agreements to raise ₹9,825 crore (~USD 1 billion) in primary equity capital from Alpha Wave Global, Premji Invest, Temasek and BlackRock managed funds, valuing the airports platform at a pre-money equity valuation of ~USD 18 billion.

Investor consortium to hold 5.54% stake after three tranches

Under a Share Subscription Agreement and Shareholders' Agreement, the investors will subscribe to new AAHL equity shares across three tranches, with the final tranche due for completion by July 2027. Once all tranches close, the consortium will collectively hold approximately 5.54% of AAHL, a subsidiary of Adani Enterprises Limited (AEL) and one of India's largest private airport operators.