Update on New Investment

RNS Number : 2030U
HICL Infrastructure Company Ld
28 March 2019
 

28 March 2019

HICL Infrastructure Company Limited

 

Update on New Investment

 

 

HICL Infrastructure Company Limited ("HICL" or the "Company" and, together with its subsidiaries, the "Group"), the listed infrastructure investment company advised by InfraRed Capital Partners Limited ("InfraRed"), makes the following statement regarding the New Investment in the Netherlands, announced on 18 March 2019.

Further to the Group's investment in the Breda Court PPP Project in the Netherlands, HICL is continuing its partnership with Macquarie in the Netherlands by acquiring certain rights to make an investment in the Blankenburg Connection PPP project. Macquarie, in cooperation with InfraRed's asset management team, will retain lead responsibility for active management during the construction of the project. Under the arrangement, the Group has committed to invest circa £50m in the form of a deferred equity subscription.

-ends-

 

Enquiries

InfraRed Capital Partners Limited                            +44 (0) 20 7484 1800

Harry Seekings
Keith Pickard

 

Tulchan Communications                                            +44 (0) 20 7353 4200

David Allchurch

Sheebani Chothani

 

Canaccord Genuity Limited                                         +44 (0) 20 7523 8000

David Yovichic

 

RBC Capital Markets                                                       +44 (0) 20 7653 4000

Darrell Uden



 

HICL Infrastructure Company Limited

 

 

Investment Adviser (InfraRed Capital Partners)

 

Further details can be found on InfraRed's website www.ircp.com. 

 


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