Balfour Beatty and HICL win place on Burbo Bank windfarm shortlist
13th Sep 2016 11:07
(ShareCast News) - London-listed trio Balfour Beatty, HICL Infrastructure and International Public Partnerships are among five groups to have their bids shortlisted to own and run the £230m transmission link with a new offshore windfarm in the Bay of Liverpool. On Tuesday regulator Ofgem confirmed t
Read moreHICL invests £29m in quarter, remains cautious after referendum
25th Jul 2016 07:46
(ShareCast News) - Infrastructure investment firm HICL Infrastructure Company issued its quarterly update statement on Monday, for the period from 1 April to 24 July. The FTSE 250 entity said it continued to perform well in the period, making three new investments and an incremental investment, with
Read moreHICL Infrastructure nabs stake in Ireland Primary Care Centres Project
27th May 2016 08:09
(ShareCast News) - HICL Infrastructure Company has acquired a 60% stake in the Ireland Primary Care Centres Project for €11.6m. The FTSE 250 infrastructure investment group said the cost includes a commitment to invest €9.5m in 2018. The total construction cost for the project is approximately €14
Read moreThursday newspaper share tips: HICL and residential property
19th May 2016 14:48
(ShareCast News) - Shares in boring and mostly UK-focused investment fund HICL Infrastructure Company are worth holding on to, says The Daily Telegraph's Questor column, citing its income-play appeal. HICL raises money from investors and then buys infrastructure assets around the world, such as hosp
Read moreReturns up, profits down at HICL Infrastructure
18th May 2016 09:27
(ShareCast News) - Private finance initiative investor HICL Infrastructure described a "solid portfolio performance" in its full-year numbers on Wednesday, with net asset value per share improving 4% in the year to 31 March to 142.2p. The FTSE 250 firm said total shareholder return for the year was
Read moreHICL Infrastructure buys stake in Yorkshire toll road from Balfour Beatty
19th Apr 2016 08:13
(ShareCast News) - HICL Infrastructure Company has acquired a 30% interest in a 'shadow toll' road near Leeds from Balfour Beatty for £14.5m. The FTSE 250-listed infrastructure investment company, which advised by InfraRed Capital Partners, has paid for the deal from existing cash resources. The sh
Read moreHICL Infrastructure remains confident as demand outstrips supply
25th Feb 2016 10:14
(ShareCast News) - HICL Infrastructure Company confirmed its dividend targets for the current and next financial years as it noted the continuing imbalance between weak supply and high demand for new infrastructure investments. Since the start of October, the FTSE 250 investment company and its subs
Read moreHICL Infrastructure to buy stake in French motorway project
3rd Feb 2016 07:45
(ShareCast News) - HICL Infrastructure has reached an agreement to buy a 13.8% interest in the A63 motorway project in France from Colas Sud Ouest and Spie Batignolles. HICL will pay up to €87m (£66m) to the vendors at completion, which is expected early next year. The project is a 40-year toll-roa
Read moreHICL Infrastructure ups stake in Sheffield schools project
22nd Jan 2016 08:05
(ShareCast News) - HICL Infrastructure Company has acquired an incremental investment in the Sheffield Schools private finance initiative project with its joint venture partner, Kajima Partnerships from the Kier Group Pension Scheme for £4.1m. HoldCo, the JV holding company in which HICL has a 75% s
Read moreHICL Infrastructure seals Canadian deal, cuts stake in Ealing project
1st Oct 2015 08:32
(ShareCast News) - HICL Infrastructure Company has completed the acquisition of the Royal Canadian Mounted Police headquarters in Canada's British Columbia region for CA$ 54m (£26.9m). HICL said it acquired a 99.9% stake in the project from InfraRed Infrastructure Fund III, while the remaining 0.01%
Read moreHICL Infrastructure names Ian Russell as new chairman
24th Jul 2015 09:55
(ShareCast News) - HICL Infrastructure announced on Friday the appointment of Ian Russell as chairman to replace Graham Picken. Russell takes over on 1 March 2016 after a handover period. Picken will stand down no later than 30 June 2016.
Read moreHICL Infrastructure to acquire Royal Canadian Mounted Police HQ
17th Jul 2015 08:46
(ShareCast News) - HICL Infrastructure has made its third acquisition in Canada, picking up a police station in a C$53m deal. The Royal Canadian Mounted Police HQ was to be purchased from the InfraRed Infrastructure Fund, subject to shareholder approval. In an announcement HICL said the total const
Read moreHICL Infrastructure buys stake in hospital project for £87.8m
7th Jul 2015 07:40
HICL Infrastructure would buy half of the Southmead Hospital project from Carillion for a consideration of £87.8m, the firm said on Monday. The deal includes a future loan obligation of £48.7m to be paid by HICL group in September 2015. The Southmead hospital project is a £430m, 35-year concession
Read moreHICL annual profit jumps on strong performance
21st May 2015 09:46
Investment group HICL Infrastructure Company reported a sharp increase in annual pre-tax profit, on the back of a strong performance across its portfolio. The FTSE 250 group said its pre-tax profit for the 12 months to end March jumped 50.2% year-on-year to £231m, while profit to equity shareholders
Read moreHochtief Solutions acquires further stake at two HICL Infrastructure projects
14th Apr 2015 08:20
Investment group HICL Infrastructure said on Tuesday that Hochtief Solutions had acquired further equity interest in two of its existing projects in Greater Manchester for £16m. The UK subsidiary of German construction company Hochtief AG paid the sum for a further 40% interest in the Salford & Wiga
Read more