Freshfields Bruckhaus Deringer and Hogan Lovells have taken lead roles on the £143m sale of 26 private finance initiative (PFI) and public private partnership (PPP) projects by two infrastructure funds managed by Barclays.

Freshfields advised Barclays Infrastructure Fund Management on the sale to HICL Infrastructure Company, which was announced last month (19 December). London finance partner Nick Bliss led the magic circle firm’s team, working alongside corporate partner Karen Fountain.