John Laing acquires portfolio of UK assets including Hornsea II offshore transmission assets

Image: John LaingImage: John Laing
Andrew Truscott, Chief Executive of John Laing, said: “We are delighted to acquire this portfolio of operational core infrastructure assets backed by long-term contracts linked to inflation."

Official Press Release John Laing:

John Laing acquires portfolio of UK assets from HICL Infrastructure PLC for £204m

John Laing Group, a leading international investor and active manager of core infrastructure assets, today announced that it has agreed to acquire HICL Infrastructure PLC (HICL)’s entire equity interest in four UK public-private partnership projects and a 37.5 per cent stake in the Hornsea II offshore transmission assets for a total consideration of £204m. All five acquisitions are expected to complete before the end of March 2024.

The portfolio of assets consists of the following: Hornsea II offshore transmission assets, the offshore transmission assets associated with the Hornsea II windfarm (Hornsea II Offshore Transmission Owner (OFTO)) The Oxford John Radcliffe Hospital PFI Project, a concession to... ... More: Official Press Release John Laing

John Laing, investment, acquisition, infrastructure, asset, transmission, offshore, wind farm, Hornsea II

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