Hogan Lovells and Norton Rose Fulbright secured leading advisory positions for the combination of HICL Infrastructure with The Renewables Infrastructure Group to form Britain's largest publicly traded infrastructure investment entity. The transaction merges HICL's diverse holdings in social projects, utilities, transport and digital infrastructure with TRIG's renewable energy portfolio comprising 2.3 gigawatts of solar, wind and battery storage capacity, creating combined net assets exceeding 5.3 billion pounds.
Hogan Lovells partner Erik Jamieson is directing the advisory work for HICL alongside colleagues specializing in infrastructure, banking, competition and securities matters. Norton Rose Fulbright's engagement is being led by corporate partner Richard Sheen with support from finance, energy, regulatory and tax specialists, while Carey Olsen provides Guernsey legal counsel through partners Tony Lane and Ben Morgan.
The agreement includes voluntary dissolution of TRIG with asset transfers to HICL in exchange for equity and a 350 million pound liquidity arrangement. Shareholders of HICL and TRIG will control approximately 56 percent and 44 percent of the merged company, respectively, upon completion, anticipated during early 2026.
Hogan Lovells partner Erik Jamieson is directing the advisory work for HICL alongside colleagues specializing in infrastructure, banking, competition and securities matters. Norton Rose Fulbright's engagement is being led by corporate partner Richard Sheen with support from finance, energy, regulatory and tax specialists, while Carey Olsen provides Guernsey legal counsel through partners Tony Lane and Ben Morgan.
The agreement includes voluntary dissolution of TRIG with asset transfers to HICL in exchange for equity and a 350 million pound liquidity arrangement. Shareholders of HICL and TRIG will control approximately 56 percent and 44 percent of the merged company, respectively, upon completion, anticipated during early 2026.
