Adani Airport Holdings enters binding agreements to raise about $1 billion from global investors, according to reports. The proposed financing is expected to take the company’s pre-money valuation to about $18 billion, based on the terms described by outlets.

The funding is intended to expand and modernize airport infrastructure across Adani’s airport portfolio. Sources also say the company aims to grow its passenger handling capacity as part of its plan for a more integrated airport platform. While both outlets report the headline deal size and valuation, they provide different levels of detail on amounts and formatting, with one citing the figure in dollars and valuation, and the other referring to the rupee amount equivalent.

The outlets align on the core components of the transaction—investment size, binding agreements, and the valuation—while differing mainly in how they present figures and additional company objectives.