New Delhi, July 6 -- Mumbai: Global private equity firm TPG, along with GIC and ICICI Bank, has acquired a 100% stake in Aseem Infrastructure Finance, the companies said in a statement on Monday.

The transaction is valued at about Rs.5,000 crore, according to a person with direct knowledge of the matter, though the companies did not disclose the deal's exact details.

ICICI Bank will hold up to 5% in the Mumbai-based non-banking financial company (NBFC). TPG made the investment through TPG Rise Climate, its dedicated climate platform, as part of the Global South Initiative, which was launched in partnership with ALTERRA to scale climate solutions across emerging markets.

"Aseem has been a first mover in India's sustainable debt financin...