Asian Aviation
10 September 2026
Adani Airport Holdings, one of India’s largest private airport operators, has entered into binding agreements to raise around US$1 billion in equity capital from a consortium of investors. The group includes Alpha Wave Global, Premji Invest, Temasek and BlackRock managed funds. The transaction values AAHL at a pre-money equity valuation of around US$18 billion and represents one of the largest primary equity investments from financial institutions in India’s airport infrastructure sector.
The proceeds will support three strategic priorities: expanding and modernising airport infrastructure across AAHL’s portfolio; accelerating the development of integrated Adani Airport City ecosystems around its airports with development of around 22 million sq. ft. of mixed-use development planned in the first phase; and scaling passenger-facing and other non-aeronautical businesses including our ground handling business. These investments are expected to increase capacity to serve around 200 million passengers annually, deepen commercial monetisation, enhance passenger experience and further strengthen AAHL’s integrated airport ecosystem...
