International Public Partnerships (INPP) has announced that its current intention is to seek to raise additional capital following the publication of its annual results on 30 March 2017. It says that it expects to complete its investment in National Grid’s gas distribution network (announced on 8 December 2016) within the next few weeks and to announce further pipeline opportunities shortly. INPP expects to issue a prospectus shortly after the publication of its results.
About International Public Partnerships
International Public Partnerships seeks to provide shareholders with a combination of dividends and capital growth. The Fund aims to provide an internal rate of return of 8-9% on the initial public offer issue price of 100 pence per share by offering investors exposure to public infrastructure assets, such as PFI and PPP, both in the UK and abroad. International Public Partnerships seeks to provide shareholders with long-term distributions at levels that are sustainable and which preserve the capital value of the Group’s portfolio over the long-term. The Directors believe that long-term capital growth can also be achieved.
Listed in 2006, INPP is a long-term investor in 127 social and transport infrastructure projects, including schools, hospitals, courts, police headquarters, transport and utility and transmission projects in the UK, Europe, Australia and North America. Amber Infrastructure Group (‘Amber’) is the Investment Adviser to INPP says that it consists over 100 dedicated staff who manage, advise on and originate investments for INPP.
International Public Partnerships intends to raise new capital : INPP