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HICL and TRIG Withdraw Merger Proposal Following Shareholder Pushback

Market News
01 December 2025 8:38AM

HICL Infrastructure PLC (LSE:HICL) and The Renewables Infrastructure Group Limited (LSE:TRIG) have opted to discontinue their planned merger after feedback indicated that shareholder backing would fall short, despite both boards agreeing on the strategic merits of the deal. Each company will continue to pursue its standalone strategy, expressing confidence in its ability to drive long-term value independently.

HICL Infrastructure’s investment profile is supported by its strong financial footing, characterised by zero debt and disciplined cash flow management. Share buybacks add further support to shareholder returns. Even so, technical signals flag potential overbought conditions, and a relatively elevated P/E ratio suggests the shares may be priced on the high side. The company’s robust dividend yield, however, helps offset these risks and remains a key attraction for income-focused investors.

More about HICL Infra Co Shs GBP

HICL Infrastructure PLC is an infrastructure investment company that acquires, manages, and optimises a diversified portfolio of infrastructure assets. Its objective is to create long-term value through disciplined capital allocation and investment in high-quality, dependable infrastructure projects.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Some portions of this content may have been generated or assisted by artificial intelligence (AI) tools and been reviewed for accuracy and quality by our editorial team.