HICL Infrastructure Company Limited (LSE:HICL), managed by InfraRed Capital Partners acquired a 60% equity and loan note interest in Medway LIFTCo and Redbridge & Waltham Forest LIFTCo for £9.8 million in cash on April 29, 2013. The acquisition was funded from HICL Infrastructure's existing cash resources. Ed Orlebar and Rebecca Scott of Tulchan Communications acted as public relations advisor while Dominic Waters, Neil Brierley, Will Barnett, Robbie Robertson and David Yovichic of Canaccord Genuity Limited acted as financial advisor to InfraRed.

HICL Infrastructure Company Limited (LSE:HICL) managed by InfraRed Capital Partners completed the acquisition of 60% equity and loan note interest in Medway LIFTCo and Redbridge & Waltham Forest LIFTCo on April 29, 2013.