HICL Infrastructure : HICL – acquisition in France

HICL has acquired an 85% interest in the University of Bourgogne PPP  (four new academic buildings on the university campus) and a 90% interest in the Troisseruex by pass RD901 PPP (a 7km dual carriageway being built as a bypass for the town of Troissereux near Beauvais). The total outlay for the two projects is €6.5m. Revenue for the road is based on availability not volume of traffic

HICL has plans to buy more assets in France.

 

James Carthew
Written By James Carthew

Head of Investment Company Research

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