Temasek, Alpha Wave eye $1.3bn bet on Adani Airports at $18bn valuation
Consortium including Temasek, Alpha Wave Global and IHC in talks to inject $1.3bn into Adani Airport Holdings, funding city-side retail across 8 airports handling 23% of India's passenger traffic. Rs 17,000 cr earmarked for airports capex; FY26 revenue up 34.4%, PAT Rs 1,731 cr. Pending US DOJ clearance.
Temasek and Alpha Wave-led consortium in talks to invest $1.3 billion in Adani Airport Holdings at ~$18 billion valuation, funding airport city-side retail projects across eight Indian airports handling 23% of passenger traffic, pending US DOJ ruling.
Why this matters
Capital infusion accelerates Adani's pivot to airport-led retail real estate, funding city-side commercial zones across 8 hubs that already capture nearly a quarter of India's flyers.
Retail-company signals steady at 309 over the last 90 days.