REG - HICL Infrastructure - Appointment of New Director

HICL InfrastructureAnnouncement

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RNS Number : 2700J  HICL Infrastructure PLC  20 May 2025

HICL Infrastructure PLC

 

"HICL" or the "Company" and, together with its subsidiaries, the "Group", the
London-listed infrastructure investment company managed by InfraRed Capital
Partners Limited ("InfraRed" or the "Investment Manager").

 

Appointment of New Director

 

The HICL Board is pleased to announce the appointment of Graham Sutherland as
a non-executive director, with effect from 21 May 2025. This appointment has
been made following a comprehensive search carried out by a third-party
recruitment consultant.

 

Graham is currently Group Chief Executive Officer of FirstGroup plc, a FTSE250
listed transport company with £4.7bn of revenues and around 30,000 employees.
Previously he was Chief Executive Officer of KCOM Group plc, a LSE-listed
telecommunications company. Graham also held a number of senior executive
roles within BT Group plc over twelve years. These included Chief Executive
Officer of BT Business and Public Sector, where he led the integration of EE's
business unit, creating a division with £4.6bn in revenues and 13,000
employees. Graham was also Chief Executive Officer at BT Ireland where he was
responsible for all consumer, business and network activities. Prior to BT
Group plc, he was Chief Executive Officer of NTL Ireland and has also held
senior financial roles including at Bombardier Aerospace.

 

Graham has an established record in strategic development, as well as
delivering enhanced financial and operational performance and engaging a
diverse range of stakeholders including consumer, business and public sector
customers.

 

Mike Bane, Chair of HICL, said: "I am delighted to welcome Graham to HICL. I
am confident that his experience as a leader of operating infrastructure
businesses will strengthen the board and deliver value for shareholders."

 

Graham has a beneficial interest in 87,220 shares of the Company at the date
of this announcement.

 

There is no further information to be disclosed under Listing Rule 6.4.8R.

 

Enquiries

InfraRed Capital Partners
Limited
                +44 (0) 20 7484 1800 / info@hicl.com
(mailto:info@hicl.com)

Edward Hunt

Mark Tiner

Mohammed Zaheer

 

Brunswick
 
                +44 (0) 20 7404 5959 / hicl@brunswickgroup.com
(mailto:hicl@brunswickgroup.com)

Sofie Brewis

 

Investec Bank plc
 
 
+44(0) 20 7597 4952

David Yovichic

 

RBC Capital Markets
 
 
+44 (0) 20 7653 4000

Matthew Coakes

Elizabeth Evans

 

Aztec Financial Services (UK) Limited
 
+44(0) 203 818 0246

Chris Copperwaite

Sarah Felmingham

 

HICL Infrastructure PLC

HICL Infrastructure PLC ("HICL") is a long-term investor in infrastructure
assets which are predominantly operational and yielding steady returns. It was
the first infrastructure investment company to be listed on the London Stock
Exchange.

With a current portfolio of over 100 infrastructure investments, HICL is
seeking further suitable opportunities in core infrastructure, which are
inherently positioned at the lower end of the risk spectrum.

Further details can be found on the HICL website www.hicl.com
(http://www.hicl.com/) .

 

Investment Manager (InfraRed Capital Partners)

The Investment Manager to HICL is InfraRed Capital Partners Limited
("InfraRed") which has successfully invested in infrastructure projects since
1997. InfraRed is a leading international investment manager, operating
worldwide from offices in London, New York, Seoul, Madrid and Sydney and
managing equity capital in multiple private and listed funds, primarily for
institutional investors across the globe. InfraRed is authorised and regulated
by the Financial Conduct Authority.

The infrastructure investment team at InfraRed consists of over 100 investment
professionals, all with an infrastructure investment background and a broad
range of relevant skills, including private equity, structured finance,
construction, renewable energy and facilities management.

InfraRed implements best-in-class practices to underpin asset management and
investment decisions, promotes ethical behaviour and has established community
engagement initiatives to support good causes in the wider community. InfraRed
is a signatory of the Principles of Responsible Investment.

Further details can be found on InfraRed's website www.ircp.com
(http://www.ircp.com/) .

 

 

 

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