Construction project manager John Laing said it expected to reach a financial close on at least eight projects in 2005, as it posted an 18 per cent rise in annual profits.
The group made £25.1 million in pretax profit in 2004, while turnover was flat at £481 million.
John Laing and Serco Group recently announced their joint venture was preferred bidder for a £ 761 million project to develop three hospitals for Leicester University Hospital NHS Trust.
The company, which has focused on investing in infrastructure after selling its construction, housebuilding and property arms, said the contract was the Government's largest hospital private finance initiative (PFI) deal to date outside London.
Under PFI deals, companies raise money up front for public projects and get paid back over a longer term, usually 20 to 30 years.
Most of the risk is in the early years of a contract when building costs have to be managed. The final stage, operating the asset, is relatively risk free.
The company said the secondary market for PFI contracts was maturing.
Chief executive Andy Friend said once risk was minimised, investors such as pension funds were keen to enter the market.
John Laing said it made £6.4 million last year by buying its 50/50 joint venture partner Carillion out of their M40 motorway project and reselling the stake.
It paid Carillion £19.7 million last June and received £26.3 million from Secondary Market Infrastructure Fund in October "following management action to optimise the project structure".