March 26, 2018 / 6:42 AM / 6 months ago

BRIEF-Hicl Infrastructure Acquires Incremental 45 Pct Interest In Priority Schools Building Programme North East Batch Project

March 26 (Reuters) - Hicl Infrastructure Company Ltd :

* ‍HAS ACQUIRED AN INCREMENTAL 45% INTEREST IN PRIORITY SCHOOLS BUILDING PROGRAMME NORTH EAST BATCH PROJECT FROM GALLIFORD TRY PLC​

* ‍CONSIDERATION OF APPROXIMATELY £9M WAS FUNDED FROM HICL’S REVOLVING CREDIT FACILITY​

* ‍AS A RESULT OF THIS TRANSACTION, HICL NOW HOLDS A 90% INTEREST IN PROJECT​ Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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