News / HICL Infrastructure acquires two PFI assets from FCC and InfraRed

HICL Infrastructure acquires two PFI assets from FCC and InfraRed

🕔 May 29, 2013
Golding Capital announces record fundraising at year-end

HICL Infrastructure Company Limited has announced that the it has acquired a 39% equity and loan note interest in the South West Hospital Enniskillen PFI Project from FCC Construcción SA. The investment was funded from the Group's cash resources.

The Project is a 33 year concession to design, construct, finance and maintain a new acute hospital and key worker accommodation on a greenfield site at Enniskillen in Northern Ireland.

The new hospital was built by a joint-venture between FCC and P Elliott & Co Limited and was completed on schedule in May 2012. It covers an area of circa 71,500m2 and accommodates 312 single inpatient beds. The facilities include outpatient facilities, an Accident & Emergency unit, a new energy centre and key worker accommodation (providing 120 bed spaces in 45 units, office accommodation and a crèche).

Interserve FM Limited provides the hard facilities management services to the Project under a long-term services agreement.

The Group has also completed the acquisition of the 50% equity and loan note interests in the University of Sheffield Project from InfraRed Infrastructure Fund II, identified in February 2013 as one of the two Conditional Investments described in the Company's New Ordinary Share Prospectus.

This brings the total number of investments in the Group's portfolio to 85.The Investment Adviser to the Company is InfraRed Capital Partners LimitedSource: HICL InfrastructureRelated news:

League Tables

InfraPPP accepts project & transaction submissions to ensure that the data we have in our databases is accurate.

Download Submission Form  Download Submission Form


Subscribe to our newsletter and get in your inbox jobs, news and business opportunities.

Oman Power & Water Procurement Company
The Africa Energy Forum (AEF MAURITIUS)
Spring Special Sidebar

Follow us on Twitter