HICL announces C Share issue
The Board of HICL Infrastructure Company Limited (the Company) is pleased to announce that it intends to proceed with a Placing, Open Offer and Offer for Subscription of C Shares during the first quarter of this year. In the Company’s interim results statement of 16 November 2011, it was noted that the Company would consider […]
HICL announces additional investments in 4 existing projects
HICL Infrastructure Company Limited (HICL or the Company, and together with its subsidiaries the Group), the listed infrastructure investment company, is pleased to announce that the Group has agreed to buy additional equity and loan note interests in the Romford Hospital, Fife Schools, Exeter Crown Courts and Stoke Mandeville Hospital PFI Projects from subsidiaries of […]
HICL Acquisition of South Ayrshire Schools Project
InfraRed Capital Partners Limited (InfraRed) is pleased to announce the acquisition by HICL Infrastructure Company Limited (HICL) of a 100% interest in the South Ayrshire Schools PPP Project (the Project) from subsidiaries of Carillion plc, Lloyds Banking Group plc and Cyril Sweett Group plc. The total consideration paid by the Group for the interest was […]
Funds managed by InfraRed and Equitix acquire High Speed 1
Borealis Infrastructure (“Borealis”), the infrastructure investment manager of OMERS, and Ontario Teachers’ Pension Plan (“Ontario Teachers’”) announce they have entered into a definitive agreement to sell High Speed 1 (“HS1”) to a consortium comprising funds advised and managed by InfraRed Capital Partners Limited (“InfraRed”) and Equitix Investment Management Limited (“Equitix”) (together, the “Consortium”). As part […]
Funding of Amazon distribution centre in Dunfermline
HSBC Specialist Investments has entered into an agreement to provide the equity for the development of an over 1 million sq ft distribution centre for Amazon in Dunfermline, Scotland. This is one of the largest funding transactions in the history of the Scottish distribution market and the unit will form one of the cornerstones of […]
Financial close reached on New Royal Adelaide Hospital transaction
InfraRed Capital Partners is delighted to announce that financial close has been reached on the high-profile New Royal Adelaide Hospital (NRAH) transaction. InfraRed is the largest equity investor in this transaction’s consortium, which will see the existing, ageing Royal Adelaide Hospital replaced with a new, state-of-the-art hospital. The client, the South Australian State Government, intends […]
Financial Close for the Provision of Over 200MW of Standby Power to Balance UK Grid
The Environmental Infrastructure team of InfraRed Capital Partners Limited (InfraRed) is pleased to announce the completion of its investment in junior debt and equity in Green Frog Power Limited (GFP) to develop 14 new electricity plants across the U.K. and the securing of £60m of senior debt funding for GFP from the Royal Bank of […]
Expanding InfraRed’s industrial portfolio
HSBC Specialist Investments has completed the purchase of the Exel Distribution unit at J31 of the M62. It has acquired the 382,000 sqft unit, which is let to Exel for a further 12 years, from a fund managed by PRUPIM. This is the fourth distribution unit acquired since October 2010. The other investments include the […]
Disposal of Victoria Retail Park
HSBC Specialist Investments Limited (HSIL) has sold Victoria Retail Park, Nottingham, to The Crown Estate for £56.87m, representing a 5.45% net initial yield. The property comprises 180,000 sqft, and 10 retail units. Since purchase, lettings to Boots and Pets at Home have completed. The property benefits from strong income quality and length of leases from […]
Disposal of Doncaster Schools Project
HICL Infrastructure Company Limited (HICL or the Company, and together with its subsidiaries the Group), the listed infrastructure investment company, announces that the Group has sold its 50% equity and loan note interest (the Interest) in Doncaster Schools PFI project (the Project) to Vinci Pensions Limited, an affiliate of the co-shareholder Vinci (Holdings) Limited in […]
Development of residential project in Hangzhou, China
InfraRed Capital Partners Limited (InfraRed) is pleased to announce the closing of a US$60m mezzanine loan facility to a subsidiary of Top Spring International Holdings Limited (Top Spring) by the InfraRed NF joint venture partnership (the JV) together with Singaporean-listed company Metro Holdings Limited. The loan has a double-digit annual fixed interest rate and a […]
Current tendencies and future opportunities in the UK’s infrastructure industry
In the article published in The Daily Telegraph, CEO of InfraRed Capital Partners Werner von Guionneau talks about the current tendencies in UK’s infrastructure sector and shares his views on the future opportunities in the industry. He observes that timing is crucial when considering which infrastructure projects need to be prioritised and the future focus […]
