Ticker: ERE Exchange: L

Eredene Capital PLC ('Eredene') is an investment company specialising primarily in infrastructure (the movement, treatment and distribution of goods, whether imports, exports or internally generated) in India. The company has investments in three critical areas: Ports and port related activities. The company's biggest commitment to date is as part of a consortium to develop and operate the new container terminal at Ennore. The company's current deal pipeline is also heavily accented towards ports, including bids for privatisation projects in: Mumbai Port Trust (break-bulk cargo), New Mangalore Port Trust (containers), and Jawaharlal Nehru Port Trust (containers). Eredene is also involved in container freight stations and inland container depots, with revenue producing investments in Chennai and Pipavav, and is building on these with follow-on investments in Ennore and Baroda. It is also involved in logistics parks and third party logistics, with investments in Haldia, Kalinganagar and near Delhi. It raised an additional £30 m of equity from its shareholders in early 2011.

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