Source - SMW
John Laing Infrastructure Fund has agreed to acquire a portfolio of five UK public–private partnership projects from John Laing Group.

The portfolio comprises:
 
-          An additional 9% indirect interest in the Intercity Express Programme Phase 1 ("IEP phase 1") project (taking JLIF's total shareholding in the project to 15%);
 
-          A 50% interest in the Lambeth Social Housing project;
 
-           A 5% interest in the City-Greenwich-Lewisham Docklands Light Railway  project;
 
-           A 100% interest in the Coleshill Parkway railway station project; 
 
-           A 50% interest in the Aylesbury Vale Parkway railway station project.

JLIF has also signed a sale and purchase agreement with The John Laing Pension Trust Limited in respect of its entire interests in two of the above projects, as follows:
 
-           A 47% interest in the CGL project
 
-          A 50% interest in the Aylesbury Vale Parkway railway station project.


At 9:15am: (LON:JLIF) John Laing Infrastructure Fund Ltd share price was -0.35p at 128.55p



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