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Written question asked by Lord Berkeley (Labour) on Tuesday, 11 June 2019, in the House of Lords. It was due for an answer on Tuesday, 25 June 2019. It was answered by Baroness Vere of Norbiton (Conservative) on Friday, 21 June 2019 on behalf of the Department for Transport.


High Speed One: Shareholders

Question

To ask Her Majesty's Government which current shareholders of HS1 hold more than five per cent of the shares; and what changes to the shareholding have been made since the sale of shares by them and the government of France.

Answer

The Government auctioned the concession to operate the network in 2010, to HS1 Ltd. HS1 Ltd was owned by Borealis Infrastructure and the Canadian Teachers’ Pension Plan, two Canadian pension funds until it was sold in 2017.

  • Original ownership profile

Borealis (50%)

Ontario Teachers’ Pension Plan Board (50%)

  • New ownership profile

Equitix – 35% and InfraRed

Korean Pension Fund (30%)

HICL (21.8%)

Others (13.2%)


Secondary information

Type
Written question
Reference
HL16241
Session
2017-19
Subjects
Shareholders High Speed One
Contains statistics
Yes
Link
View this Written question on www.parliament.uk