HICL Infrastructure sells two UK PPP projects for £52m

British investment company HICL Infrastructure said it was selling its interests in two UK public-private partnership projects for £52m.

HICL said it was selling its intertests in the Health & Safety Laboratory in Buxton and the South West Acute Hospital in Enniskillen. The sales were expected to complete before the end of the calendar year.

The company said it expected to use the cash for accretive investments.

As of 1015 BST, HICL shares had dipped 0.15% to 172.94p.