HICL Infrastructure acquires minority stake in Cross London Trains from Equitix
HICL Infrastructure has announced its agreement to acquire a minority stake in Cross London Trains (XLT) from funds managed by Equitix Investment Management.
Founded in 2011, XLT is a public-private partnership (PPP) that owns the recently delivered fleet of rolling stock operating on the Thameslink passenger rail route, covering the North-South London commuter rail corridor and serving both Luton and Gatwick airports.
The transaction is expected to be complete in Q3 2022 following customary third-party consent.
Country updates
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August 17, 2022
WSP to acquire RPS Global Plc
WSP has reached an agreement to acquire RPS Global Plc. WSP and a subsidiary of WSP will acquire the entire share capital of RPS at GBP2.06 (US$2.48) per share. The enterprise value of the transaction...
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August 16, 2022
BCC picks contractor for 300 homes pilot project in Birmingham
Birmingham City Council (BCC) has selected Equans, as a contractor to deliver a 300 homes pilot project in Birmingham, UK. The pilot project aims to test the ways to improve the thermal efficiency o...
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WSP to acquire Capita REI and GL Hearn Ltd. from Capita Plc.
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Macquarie Asset Management agrees to acquire 100% stake in Suez R&R UK from Veolia
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August 10, 2022
InfraCo Africa invests US$43 mn to launch new climate-focused infrastructure fund for Africa
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