Morningstar

Adani Airport Plans to Raise About $1 Billion

Provided by Dow Jones Sep 9, 2026, 4:19:00 AM

By Kosaku Narioka

Adani Airport Holdings plans to raise about $1 billion of equity capital from a group of investors, including Singaporean state investment firm Temasek and BlackRock managed funds.

The airport operating subsidiary of Adani Enterprises said Wednesday that the transaction values the unit at a pre-money equity valuation of about $18 billion.

Adani Airport said it would use the proceeds to support airport upgrade and capacity expansion among other things.

Write to Kosaku Narioka at kosaku.narioka@wsj.com

(END) Dow Jones Newswires

September 09, 2026 00:19 ET (04:19 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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