John Laing Infrastructure Sees No Material Hit From Carillion Demise
Tue, 16th Jan 2018 08:53. LONDON (Alliance News) - John Laing Infrastructure Fund Ltd on Tuesday said Carillion PLC's fall into liquidation, announced on Monday, will not have any material impact on it. The FTSE 250-listed infrastructure investment company said it has nine public private partnerships projects for which Carillion provides facilities management, being four schools projects, four emergency services projects, and one road project. John Laing said it is confident that replacement providers can be found for all nine projects with minimal service disruption and additional cost. Shares in John Laing Infrastructure Fund remained flat at 124.60 pence on Tuesday.