Equitix – Acquisition of stake in a hospital in Scotland

Equitix has acquired the 100% of London-listed HICL stake in the Highland Schools PPP2 Project for GBP 56.2m. The price represented a GBP 9.7m premium over the stake’s 30 September valuation. The project, which reached financial close in 2006, involves the DBFMO of 11 new schools in the Highland Council area of Scotland. The concession contract runs until 2037.