Morgan Lewis Advises NIIF on $2 Billion First Close of NIIF Infrastructure Fund II

SINGAPORE, September 15, 2026: Morgan Lewis advised National Investment and Infrastructure Fund Limited (NIIF) on first close of NIIF Infrastructure Fund II, NIIF’s second flagship infrastructure fund, at approximately $2 billion.

The first close is anchored by the government of India and supported by a high-quality investor base spanning sovereign wealth funds, pension funds, insurance companies, and leading Indian financial institutions.

NIIF Infrastructure Fund II will continue to invest across core infrastructure sectors, including energy, transport, and digital infrastructure, while expanding into emerging themes such as urban infrastructure and electric mobility. The fund builds on NIIF’s first infrastructure fund, which has invested across renewables, transmission, and distribution, battery storage, roads, ports and logistics, airports, data centers, and smart metering.

The Morgan Lewis team advising on the transaction included partners Divya Thakur, Carol Tsuchida, Tadao Horibe, Steven Lightstone, and Todd Smith, associates Alvin Ngai and Yining Sun, and of counsel Andrew Deas.

For more information, read the NIIF press release.