17th May 2022 10:54
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
