Infrastructure investor expects to raise 拢130m through listing on the London stock exchange
Infrastructure investor John Laing Group has announced plans to float on the London stock exchange.
The group owns and manages a portfolio of infrastructure investments valued at 拢781m, comprising 44 PPP projects and renewable energy asssets in ten countries.
The firm hopes to raise 拢130m through flotation.
John Laing鈥檚 chairman Phil Nolan said: 鈥淛ohn Laing has made significant progress as a private company, reshaping its business to focus purely on infrastructure activities, expanding internationally and establishing a sizeable third party fund management business.
鈥淎 move to public ownership and raising new capital, having secured a record volume of new investment commitments over the past year, represents a natural next step for the business.
鈥淚 believe that the group is well placed to take advantage of the opportunities that exist in its markets internationally.鈥�
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