HICL Infrastructure Company Limited (LSE:HICL) managed by InfraRed Capital Partners acquired the remaining 20% stake in Derby Schools, Newport Schools and Medway Police Projects from Vinci Investments Limited for £3.4 million in December, 2013. In a related transaction, HICL Infrastructure Company Limited disposed its stake in Dorset Police and Swindon Police projects from 80% to zero. The result of these transactions on the HICL's investment portfolio is a disposal of two investments and net disposal proceeds of £5.8 million. The net disposal proceeds will be applied to reduce drawings under the Group's revolving credit facility. Martha Walsh and Peter Hewer of Tulchan Communications acted as public relations advisor to InfraRed Capital Partners. Dominic Waters, Neil Brierley, Will Barnett and David Yovichic of Canaccord Genuity acted as broker to InfraRed Capital.

HICL Infrastructure Company Limited (LSE:HICL) managed by InfraRed Capital Partners completed the acquisition of the remaining 20% stake in Derby Schools, Newport Schools and Medway Police Projects from Vinci Investments Limited in December, 2013.