John Laing Group to acquire a portfolio of assets from HICL Infrastructure.

John Laing Group, a British investor, developer, and operator of privately financed, public sectors infrastructure projects, agreed to acquire a portfolio of assets including, four UK public-private partnership projects and a 37.5 percent stake in the Hornsea II offshore transmission assets for a total consideration of £204 million, from HICL Infrastructure, a closed-ended investment company based in the United Kingdom. “We are delighted to acquire this portfolio of operational core infrastructure assets backed by long-term contracts linked to inflation. These assets further diversify our current portfolio, building on our extensive education, health and renewable energy experience. The transaction also marks our entry into the growing transmission sector, where we see exciting opportunities,” Andrew Truscott, John Laing CEO.