24 November 2021

HICL Infrastructure PLC

("HICL" or the "Company" and, together with its subsidiaries, the "Group"), the London-listed infrastructure investment company managed by InfraRed Capital Partners Limited ("InfraRed" or the "Investment Manager").

Publication of Interim Report

HICL is pleased to announce that its Interim Report for the six months ended 30 September 2021 is now available to view and download from the Company's website (www.hicl.com), direct link (www.hicl.com/InterimReport2021), and will shortly be available from the National Storage Mechanism website (https://data.fca.org.uk/#/nsm/nationalstoragemechanism).

Those shareholders who have previously requested communications in paper format will be posted a copy.

 -ends-

Enquiries

InfraRed Capital Partners Limited                            +44 (0) 20 7484 1800 / [email protected]

Harry Seekings

Edward Hunt

Helen Price

Kirsty MacCallum

Teneo                                                                                   +44 (0) 20 3757 9257

Haya Herbert-Burns

Investec Bank plc                                                             +44 (0) 20 7597 4952

David Yovichic

RBC Capital Markets                                                       +44 (0) 20 7653 4000

Matthew Coakes

HICL Infrastructure PLC

HICL Infrastructure PLC ("HICL") is a long-term investor in infrastructure assets which are predominantly operational and yielding steady returns. It was the first infrastructure investment company to be listed on the London Stock Exchange.

With a current portfolio of over 100 infrastructure investments, HICL is seeking further suitable opportunities in core infrastructure, which are inherently positioned at the lower end of the risk spectrum.

Further details can be found on the HICL website www.hicl.com.

Investment Manager (InfraRed Capital Partners)

The Investment Manager to HICL is InfraRed Capital Partners Limited ("InfraRed") which has successfully invested in over 200 infrastructure projects since 1997. InfraRed is a leading international investment manager focused on infrastructure and real estate. It operates worldwide from offices in London, New York, Seoul and Sydney. With over 150 professionals, it manages equity capital in multiple private and listed funds, primarily for institutional investors across the globe. InfraRed is authorised and regulated by the Financial Conduct Authority.

The infrastructure investment team at InfraRed consists of over 100 investment professionals, all with an infrastructure investment background and a broad range of relevant skills, including private equity, structured finance, construction, renewable energy and facilities management.

InfraRed implements best-in-class practices to underpin asset management and investment decisions, promotes ethical behaviour and has established community engagement initiatives to support good causes in the wider community. InfraRed is a signatory of the Principles of Responsible Investment.

Further details can be found on InfraRed's website www.ircp.com.