HICL Infrastructure buys 46% stake in Texas Nevada Transmission
5th Sep 2022 10:18
(Alliance News) - HICL Infrastructure PLC on Monday said it is buying a 46% stake in US electricity transmission asset Texas Nevada Transmission LLC. Read More
(Alliance News) - HICL Infrastructure PLC on Monday said it is buying a 46% stake in US electricity transmission asset Texas Nevada Transmission LLC. Read More
(Alliance News) - HICL Infrastructure PLC on Friday said it has bought a minority equity stake in Cross London Trains for an undisclosed amount. Read More
HICL Infrastructure PLC - London-based infrastructure investment firm - Says higher than expected inflation has benefited the portfolio, estimating that inflation will contribute an increase in net asset value per share of between 3.0 and 3.6 pence to the September 30 valuation. "Sensitivity analysis provided in HICL's annual report 2022 showed that if inflation were 3% above HICL's forecast assumptions for the next 12 months, NAV per share would increase by 3.6p," HICL explained. Raises GBP160 million during Aptil 1 to July 31 period. Read More
HICL Infrastructure PLC - London-based infrastructure investment firm - Secures a GBP330 million sustainability-linked extension to its revolving credit facility, increasing its overall short-term credit facilities to GBP730 million. Says that it is a one-year facility expiring on July 28, 2023. Explains that it is a sustainability linked loan, where it will incur premiums or reductions to the interest charged on the facility based on its performance against environmental, social and governance key performance indicators. Therefore, the margin on the facility will vary between 162 basis points and 168 basis points. Read More
(Alliance News) - HICL Infrastructure PLC said on Monday it exchanged contracts to acquire a 40% equity interest in Aotearoa Towers Ltd, a passive mobile tower infrastructure owner, from Vodafone New Zealand Ltd - a subsidiary of Vodafone Group PLC. Read More
HICL Infrastructure PLC - London-based infrastructure investment firm - Raises GBP160.0 million via issue of 94.7 million shares at price of 169.0 pence each, noting strong support from both existing and new investors. Proceeds to be used to restore capacity within GBP400 million revolving credit facility and provide additional financial resources to pursue "attractive" near-term pipeline. "We are pleased with the strong investor support shown for this issue from both retail and institutional investors. The defensive attributes of the company's portfolio, including high inflation protection and low correlation to wider equity markets, are clear attractions for investors against the broader market backdrop," says Chair Ian Russell. Read More
(Alliance News) - HICL Infrastructure PLC on Friday said it plans to raise money via a retail offer and placing which will be used to restore its GBP400 million revolving credit facility. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - HICL Infrastructure PLC on Wednesday said its dividend guidance is unchanged until 2024 amid a year of "strong" financial growth. Read More
HICL Infrastructure PLC - London-based infrastructure investment firm - Makes its first fibre broadband investment with the acquisition of a 55% shareholding in ADTIM SAS from DIF Capital Partners from its DIF CIF I fund. Does not disclose the purchase price. Says the investment will be funded from its existing credit facilities. Expects the transaction to be completed in the third quarter of this year, following third party consent. Read More
HICL Infrastructure PLC - London-based infrastructure investment firm - Acquires a 50% stake in the B247 Muhlhausen-Bad Langensalza Road public–private partnership from Vinci Concessions Deutschland GmbH. It is a subsidiary of Vinci SA, a Paris-based construction company. Says its total investment in the project will amount to EUR12.0 million. Expects construction to be completed by June 2025 by Vinci group companies. The investment is accretive to key portfolio metrics. It will be funded by its existing credit facilities. Read More
HICL Infrastructure PLC - a long-term investor in infrastructure assets - Secures GBP400 million sustainability-linked facility revolving credit facility. Explains that it is a sustainability linked loan, where it will incur premiums or reductions to the interest charged on the facility based on its performance against environmental, social and governance key performance indicators. The facility remains on the same terms as previously. Read More
(Alliance News) - HICL Infrastructure PLC on Thursday announced the disposal of its entire interest in the Queen Alexandra Hospital PFI project to InfraRed European Infrastructure Income Fund 4 for GBP108 million. Read More