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HICL Infrastructure Buys Rest Of Two PFI Projects For GBP8.1 Million

15th Jan 2015 10:32

LONDON (Alliance News) - HICL Infrastructure Co Ltd on Thursday said it has increased its equity interest in two of its projects for GBP8.1 million.

Under the deals, the group has acquired 50% of the share capital and all remaining loan notes on the Willesden Hospital PFI Project and has bought 15% of the share capital in the Barking and Dagenham Schools PFI Project.

Following completion of the deals, HICL will own 100% of the equity in both projects.

HICL shares were down 0.4% to 153.80 pence on Thursday.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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