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

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

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