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HICL Infrastructure Company Limited

HICL Infrastructure Company Limited Update on New Investment in the Netherlands

HICL Infrastructure Company Limited (LON:HICL), the listed infrastructure investment company advised by InfraRed Capital Partners Limited, makes the following statement regarding the New Investment in the Netherlands, announced on 18 March 2019.

Further to the Group’s investment in the Breda Court PPP Project in the Netherlands, HICL is continuing its partnership with Macquarie in the Netherlands by acquiring certain rights to make an investment in the Blankenburg Connection PPP project. Macquarie, in cooperation with InfraRed’s asset management team, will retain lead responsibility for active management during the construction of the project. Under the arrangement, the Group has committed to invest circa £50m in the form of a deferred equity subscription.