InfraRed-backed HICL, an infrastructure investment company, completed the investment in Altitude Infrastructure, a company specialised in the design, construction and operation of telecommunications networks. Financial terms were not disclosed. “This transaction brings additional diversification to our income strategies in a market and sector we know already well. It further advances our investments in digital communications assets which provide not only an essential public service but also predictable and inflation-linked revenues,” Sébastien Pochon, InfraRed Partner and Head of Origination & Execution.