HICL Infrastructure Company Limited (LSE:HICL) managed by InfraRed Capital Partners acquired additional 3.4% stake in Victorian Desalination PPP Project from a group of private investors on October 9, 2014. The consideration paid was funded from the Group's existing cash and debt resources. Dominic Waters, Neil Brierley, Neil Brierley and David Yovichic of Canaccord Genuity acted as the financial advisor and Martha Walsh and Victoria Huxster of Tulchan Communications acted as the public relations advisor to InfraRed Capital. David Wilkie, Kylie de Oliveira and Dan Harris of Allen & Overy LLP acted as legal advisors for InfraRed Capital Partners.

HICL Infrastructure Company Limited (LSE:HICL) managed by InfraRed Capital Partners completed the acquisition of additional 3.4% stake in Victorian Desalination PPP Project from a group of private investors on October 9, 2014.