Enriching lives through infrastructure

Delivering sustainable income and capital growth from a diversified portfolio of investments in core infrastructure.

HICL was the first infrastructure investment company listed on the London Stock Exchange in 2006, and is a member of the FTSE 250 index. HICL offers investors access to a highly diversified portfolio of privately-held core infrastructure investments, which are inherently positioned at the lower end of the infrastructure risk spectrum.
HICL invests in assets with strong social foundations such as healthcare and education, assets that connect communities from transport to communications; and assets that support the transition to a low-carbon modern economy.
The company follows an active strategy to manage and selectively rotate its portfolio of investments to deliver investors resilient, long-term income and capital growth.

What is core infrastructure?

Essential real assets that deliver resilient cash flows from a protected market position.
All assets are measured against these three tenets:
  • Cash flow quality
    Stable revenues
    Lower operational gearing / complexity
  • Market positioning
    Monopolistic characteristics
    High barriers to entry
  • Criticality
    Essential assets
    Social licence to operate

HICL Portfolio
Metrics

As at 30th September 2024
View our portfolio

100+

Core infrastructure assets

29.4yrs

Weighted average asset life

9%

Largest single asset concentration

50%

Top ten asset concentration

35m+

People with access to HICL’s infrastructure

8m+

People with direct access to healthcare facilities

500km

of road and high-speed railways

140k

Student places across schools, colleges and university facilities

1.7m

Homes connected to renewable electricity by HICL's OFTOs

5m

Homes connected to high-speed internet

View our portfolio

Our strategy

Investment Strategy

Our track record

The chart below demonstrates HICL’s performance since IPO in 2006 to 31 March 2024

Strong leadership

Meet the team

Over 35 million people worldwide use HICL’s assets in their daily lives, and the independent Board of Directors recognises that positive outcomes for HICL shareholders are intrinsically linked to positive outcomes for the communities served by HICL’s assets.

Mike Bane, Chair

HICL’s portfolio of over 100 high-quality assets reflects the evolution of the core infrastructure market – offering shareholders attractive risk-adjusted value for today, with exposure to the powerful infrastructure megatrends driving the returns of tomorrow.

Edward Hunt, HICL Fund Manager

Meet the team