PFS - incorporated in 2006 - is the investment arm of PTC India Ltd. It invests in projects, fuel sources, related infrastructure like gas pipelines, LNG terminals, ports, equipment manufacturers like transformers, conductors, insulators, cables etc. PTC holds 77.60% stake in the company. PTC India is into power trading.
Earlier in Sept'09, PFS raised $22 Mn by issuing 5 year bonds. PFS has a total net worth of $85.48 Mn. PFS has sanctioned $97 Mn as equity, $176.5 Mn as debt and $96 Mn as mezzanine finance for the companies engaged in power generation and allied activities.
PE Investment in PFS
| Date | Investor | Size ($ Mn) | Stake |
| Nov'07 | GS Strategic Investments Ltd | 20.00 | 11.20% |
| Nov'07 | Macquarie India Holdings Ltd | 20.00 | 11.20% |
Source: ET
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