PRESS CENTRE

Wellington Place in Leeds secures £87.8million financing The international business of Federated Hermes and Canada Pension Plan Investment Board (CPP Investments) have secured a loan facility on Wellington Place, their jointly owned business park in Leeds city centre. 16/06/2021

Infrastructure team realises its 50% interest in Braes of Doune wind farm The Infrastructure team, part of the international business of Federated Hermes, is pleased to announce that Hermes Infrastructure Fund I (“HIF I”) has sold a 50% interest in Braes of Doune wind farm to Greencoat UK Wind PLC ("UKW"), for a consideration of £48.1m. 24/02/2021

Federated Hermes launches residential brand Hestia and expands portfolio with two new acquisitions The International business of Federated Hermes has today announced the launch of a new Residential brand – Hestia. 16/12/2020 - Chris Taylor

Federated Hermes managed assets see success in the GRESB 2020 results A number of portfolios and assets managed by the international business of Federated Hermes have achieved success in in this year’s GRESB Real Estate Assessment results. 27/11/2020 - Chris Taylor

Federated Hermes Infrastructure appoints James Wardlaw as Partner Federated Hermes is announcing the appointment of James Wardlaw as a Partner in its Infrastructure business. 26/11/2020

Hermes strengthens private debt platform with new hire Hermes has announced the appointment of Kevin Roche as a Director for Private Debt and CLO’s. 17/05/2019

Hermes calls for enhanced corporate governance regime for private infrastructure assets Hermes Investment Management (Hermes), the £28.6 billion manager focused on delivering superior, sustainable, risk adjusted returns to its clients – responsibly, is calling for an enhanced corporate governance code for private infrastructure assets. The code would provide essential social services to help close the governance gap and ensure consistent and optimal outcomes for investors, employees and other stakeholders. The paper ‘Corporate Governance of Public Service Infrastructure Assets’, outlines two key areas for consideration, designed to help close the governance gap created by the lack of existing relevant and/or appropriate reference points for these businesses. Those areas include: 13/02/2017

Chief Executive Saker Nusseibeh and Group Chief Economist Neil Williams respond to a clear ‘Leave’ majority vote Saker Nusseibeh, Chief Executive: With the vote decided yesterday, we now have to move away from the rhetoric that typified this campaign. Prior to the referendum, we ran several scenarios on our strategies, and we are reasonably confident that they were well positioned for a Brexit vote in the short term. However, we are watching market moves very carefully to assess the degree of contagion, if any, to global markets. 27/01/2017 - Saker Nusseibeh, CBE

Quad Gas Group acquires 61% stake in National Grid Gas Distribution Quad Gas Group, a consortium of long-term infrastructure investors, today announces that it has entered into an agreement with National Grid plc to acquire a 61 percent shareholding in its four regulated gas distribution networks. These gas distribution networks cover the East of England, North London, North West and West Midlands, and distribute gas to approximately half of the country’s connected households through 130,000 km of gas pipeline. They represent approximately 14 percent of the total regulated energy infrastructure sector in Great Britain by regulated asset value and are regulated by Ofgem. 08/12/2016

Sustainable infrastructure investment - long-term investing with a social purpose and a responsible focus Peter Hofbauer, Head of Infrastructure at Hermes Investment Management, discusses infrastructure’s role as a sustainable asset class, highlighting how responsible investment considerations play an integral part of infrastructure investment decision making and asset management. Defining sustainable investment Sustainable investing has two principal definitions: first, selecting investments on the basis of their ESG (environmental, social and governance) attributes, and second, truly long-term investing, aligned with the dictionary definition: ‘able to be maintained or kept going; a system that maintains its own viability…for continual reuse.’ 23/11/2016 - Peter Hofbauer