International Public Partnerships makes second digital infrastructure investment – International Public Partnerships (INPP) will make a further investment of up to about £8.5 million into digital fibre-based network assets as part of its previously announced commitment of up to £45 million to the asset class via the National Digital Infrastructure Fund. INPP’s latest investment via the National Digital Infrastructure Fund is being made into Airband Limited, the UK’s largest wireless internet service provider. Airband specialises in building, owning and operating fibre and wireless networks in rural and isolated areas of England and Wales.
INPP first announced a a commitment to this area in July 2017.
National Digital Infrastructure Fund
The National Digital Infrastructure Fund will seek out investment opportunities in businesses and projects that own and build digital fibre-based network assets and related infrastructure. The involvement of HM Government is to support its policy of boosting the deployment of full-fibre connections and ultrafast broadband access across the UK. The National Digital Infrastructure Fund will be managed to make lower risk investments that fit INPP’s investment mandate and target returns with a focus anticipated on long-term fibre broadband assets which will generate stable returns for the co-investment vehicle and thus INPP. Investments are expected to be made over four years and the HM Government commitment is for a ten year period.
INPP : International Public Partnerships makes second digital infrastructure investment