24 October 2012,

Prima 200 welcomes HICL as new partner in Prime LIFT Investments

Prima 200 welcomes HICL as new partner in Prime LIFT Investments

HICL Infrastructure Company Limited (HICL), the UK's largest listed social infrastructure fund, has announced that it will join Prime plc as a joint venture partner in Prime LIFT Investments Ltd (PLIL) - the private sector investor in Prima 200. PLIL has been a 60 per cent shareholding partner in Prima 200 since its inception in 2005.

John Taylor, chairman of Prima 200, comments: "We're pleased that HICL, the UK's largest listed social infrastructure fund, has joined Prime plc as a shareholder in Prime LIFT Investments Ltd, the private sector investor in Prima 200. Through this joint venture, Prima 200 will continue to play a central and strategic role in providing new facilities for NHS and local authority clients across Staffordshire and, given HICL's track record of investment in major public infrastructure such as the Queen Elizabeth Hospital in Birmingham, we are looking forward to working with them to grow our investment in the local health economy through future projects."

During the last six years, Prima 200 has helped its public sector partners transform delivery of local health and social care services by delivering an impressive 11 new and improved facilities, such as extra care facility Mill Rise Village in Newcastle under Lyme and Cobridge Community Health Centre near Stoke.

With new facilities like Hartshill Medical Centre and Biddulph Primary Care Centre under construction and further health centre developments in Longton South in Stoke-on-Trent and Burntwood in South Staffordshire underway, Prima 200 is looking ahead to an exciting future with its new partner in place.

Visit Prima 200 website.