Reliance Infrastructure Limited (BSE:500390) is in talks with Cube Highways and Infrastructure III Pte. Ltd. (Cube Highways) to sell four operational road assets at a potential enterprise value of around INR 14,000 million, two industry sources told ET. The Anil Ambani-led infrastructure company is scouting for investors for its road assets as part of the strategy to divest assets, raise money and pare debt. "Cube Highways has offered an enterprise value of around INR 14,300 million and the proceeds would result in Reliance Infrastructure's debt reduction to that extent," a company source told ET. The company said in response to ET's mailed query, "The company does not comment on speculations. As stated earlier, the company has been engaged in various initiatives to make it debt free by March 2022. "The indebted Reliance Infrastructure defaulted on its loans and has been selling assets with the aim to pare debt and be debt-free on a standalone basis by March 2020, but the target has now been deferred to 2022. Cube Highways, promoted by I Squared Capital and a wholly owned subsidiary of Abu Dhabi Investment Authority, did not respond to ET's query. ADIA declined to comment.