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BRIEF-Hicl Infrastructure completes stake deal with Affinity Water Group
May 22, 2017 / 6:20 AM / 5 months ago

BRIEF-Hicl Infrastructure completes stake deal with Affinity Water Group

May 22 (Reuters) - Hicl Infrastructure Company Ltd

* Hicl Infrastructure has completed the acquisition of a 36.6% equity interest in various entities that comprise Affinity Water Group

* Hicl is the listed infrastructure investment company advised by InfraRed Capital Partners Limited

* Hicl is in advanced discussions to sell down a £25 million portion of this investment to a small group of co-investors

* The sell down is expected to complete in the next few weeks and will leave HICL with a 33.2% equity interest in Affinity Water and a net funding requirement of approximately £205m. Source text for Eikon: Further company coverage: (Reporting By Pamela Barbaglia)

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