HICL sells London police station PPP interests for £27m
By Frank Prenesti
Date: Monday 01 Mar 2021
(Sharecast News) - Infrastructure investment company HICL said it sold its interests in the South East London police stations public-private public private partnership project for £27m.
The sale was expected to complete during the first quarter of this year, the company said on Monday.
Harry Seekings, Head of Infrastructure at InfraRed Capital Partners Limited, said: "This transaction reflects a continuation of HICL's strategy to pursue selective disposals where they are accretive to the Group's portfolio and deliver value to shareholders."
"The proceeds provide further capacity to pursue HICL's attractive pipeline of investment opportunities."
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