HICL takes 50% in German road project

By Frank Prenesti

Date: Tuesday 17 May 2022

(Sharecast News) - HICL said it had taken a 50% equity interest in a German road project, its first investment in the country.
The infrastructure investment company, bought the stake in the B247 Mühlhausen-Bad Langensalza Road project from Vinci. HICL's total investment will be around €12.0m.

The B247 is a new 22km road that will link the cities of Mühlhausen and Bad Langensalza, in the Land of Thuringia. The 30-year public/private deal covers design, financing, construction, maintenance and operation.

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