27th Jun 2011 06:50
Infrastructure investor HICL Infrastructure Company has made a new investment in a private finance initiative (PFI) and topped up three existing investments. The new investment is a 50% interest in the Pontefract and Pinderfield Hospitals PFI Project (P&P) and the incremental stakes are additional
Read more15th Jun 2011 14:43
The retailers are falling lower ahead of UK retail sales figures due to be released on Thursday. Supergroup, Dixons Retail and Home Retail are among the worst performers, with Supergroup falling over 8%. Regus is leading the risers after withdrawing its offer for MWB Business Exchange earlier this
Read more15th Jun 2011 12:19
Infrastructure investment company HICL Infrastructure said it has acquired an interest in the South Ayrshire Schools Public Private Partnerships project from subsidiaries of Carillion, Lloyds Banking Group and Cyril Sweett Group for £15.75m. HICL said the acquisition was funded from the company's
Read more2nd Jun 2011 16:03
CSR, the chipmaking firm, has taken a hit after Numis downgraded the group to 'add', from 'buy', on the back of worrying news from its major customer Nokia this week, which cut its second-quarter outlook. Heading the other way are the retailers, with Sports Direct, Carpetright and Dunelm posting im
Read more2nd Jun 2011 07:49
Infrastructure investment company HICL Infrastructure has its wallet out again, and this time the only way is Essex for the company as it has taken full ownership of the Brentwood Community Hospital private finance initiative (PFI) project. HICL is paying £4.6m to Kajima Partnerships and other mino
Read more23rd May 2011 16:51
The top share index was nursing triple-digit losses by the close of play as the eurozone debt crisis continued to rumble on. The spotlight has turned to Italy, with the ratings agency Standard & Poors changing its stance on the Mediterranean country to "negative" from "stable." The situation is of
Read more23rd May 2011 12:04
Stocks are firmly in the red as the eurozone crisis continues to drag on. The spotlight has turned to Italy, with the ratings agency Standard & Poors changing its stance on the Mediterranean country to "negative" from "stable." The situation is of global concern and metals prices have taken a knoc
Read more23rd May 2011 08:30
Continuing worries over the Eurozone debt crisis are casting a shadow over trading this morning, helping send stocks sharply lower. The spotlight has turned to Italy, with the ratings agency Standard & Poors changing its stance on the Mediterranean country to "negative" from "stable." The situatio
Read more23rd May 2011 07:03
Infrastructure investment specialist HICL Infrastructure Company Limited has formed a new joint venture with long-time partner Kajima Partnerships to buy stakes in three Private Finance Initiative (PFI) projects. The joint venture, which will be 75% owned by HICL, is paying £17.2m for a 50% stake i
Read more15th Mar 2011 15:48
The FTSE 250 index is down 2% as fears of a nuclear catastrophe in Japan continue to weigh down on sentiment. Falling oil prices have hit Heritage Oil which is down over 13%. Insurance underwriter Lancashire Holdings is also making losses after saying it is too early to give a meaningful estimate o
Read more15th Mar 2011 08:22
Infrastructure investment company HSBC Infrastructure Company (HICL) has upped its investment in the Dutch high speed rail public/private partnership (PPP) project. HICL has increased its equity and loan note interests in the project to 42.99% from 37.50% at a cost of €11.6m. The price paid compa
Read more7th Mar 2011 07:03
Infrastructure investment firm HSBC Infrastructure Company Limited, commonly known as HICL, is to change its name to HICL Infrastructure, The change takes effect from Tuesday 29 March 2011. The company had previously used the HSBC name under licence from the bank of the same name.
Read more10th Dec 2010 08:41
HSBC Infrastructure Company Limited (HICL) declared itself pleased with the response to its open offer of 'C' shares. On the basis of applications received through the open offer and offer for subscription, plus indicative orders taken through the placing, the target size for the issue of £110.0m h
Read more16th Nov 2010 17:58
HSBC Infrastructure hopes to raise up to £110m from a C share issue. The cash will be used to pay off debt and to invest in more projects. HSBC Infrastructure has £108.4m of debt and future subscription obligations. The C shares are being issued at 100p each. The fundraising will be a combination
Read more7th Oct 2010 08:51
Infrastructure investment company HSBC Infrastructure has signed agreements to acquire stakes in four public/private projects, including two in Canada. The infrastructure investment company has signed a binding conditional agreement to acquire an interest in two UK private finance initiative (PFI)
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