HICL reshuffles its portfolio

HICL Infrastructure Company yesterday said that it has acquired extra stakes in three existing investments – the Derby Schools, Newport Schools and Medway Police projects – and sold interests in the Dorset Police and Swindon Police projects, resulting in proceeds of £5.8m. The London-listed infrastructure investment firm will use the proceeds to reduce drawings under its revolving credit facility. The firm’s portfolio now comprises 91 infrastructure investments.