Infrastructure Merger Scrapped Amid Investor Opposition
Update: 2025-12-01
Description
Infrastructure Merger Scrapped: Investors Opposition Leads to Abandoned PlanThe proposed merger of HICL Infrastructure and The Renewables Infrastructure Group (TRIG), aiming to create Britains largest infrastructure fund, has been abandoned due to strong opposition from HICLs investors. The merger, which would have combined HICLs diverse portfolio with TRIGs focus on renewable energy assets, was deemed unfairly beneficial to TRIG by key investors. Despite both boards belief in the strategic benefits of the merger, HICL stated they could not proceed without substantial investor support. Following the announcement, TRIG shares dropped, while HICL shares rose.
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