HICL Infrastrct PLC - Incremental Acquisition
"HICL" or "the Company" and, together with its subsidiaries, "the Group", the
HICL is pleased to announce that it has agreed to acquire the remaining 50% interest in the M17/M18 Gort to Tuam Road PPP in the
The Project is a 28-year road concession to design, finance, construct and maintain a new 57km dual carriageway section of the M17/M18 between Gort and Tuam in
"We are delighted that HICL is taking full ownership of the M17/M18 road PPP, a project that has improved connectivity between airports in the west of
Teneo +44 (0) 7342 031051 / [email protected]
With a current portfolio of over 100 infrastructure investments, HICL is seeking further suitable opportunities, which are positioned at the lower end of the risk spectrum within core infrastructure.
Further details can be found on the HICL website www.hicl.com.
Investment Manager (
The Investment Manager to HICL is
The infrastructure investment team at InfraRed consists of over 90 investment professionals, all with an infrastructure investment background and a broad range of relevant skills, including private equity, structured finance, construction, renewable energy and facilities management.
InfraRed implements best-in-class practices to underpin asset management and investment decisions, promotes ethical behaviour and has established community engagement initiatives to support good causes in the wider community. InfraRed is a signatory of the Principles of
Further details can be found on InfraRed's website www.ircp.com.
This information is provided by RNS, the news service of the
Quick facts: HICL Infrastructure Company Limited
Market Cap: £3.41 billion
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