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

LONDON (Alliance News) - HICL Infrastructure Co Ltd on Thursday said it has increased its equity ...

Alliance News 15 January, 2015 | 10:32AM
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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; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
HICL Infrastructure Company Ord 159.00 GBX 0.00 -

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