INPP increases debt facility to £400m
23rd Nov 2016 08:16
(ShareCast News) - International Public Partnerships (INPP) said it had increased and extended its debt facility to £400m from £300m. The existing facility, due to expire in May 2018, will now become due for renewal in November 2019, INPP said. The increase will support "the strong pipeline of new
Read moreInternational PPL performing in line with expectations
16th Nov 2016 07:39
(ShareCast News) - Public infrastructure projects investor International Public Partnerships issued an update for the period from 1 July to 15 November on Wednesday, with the company saying its portfolio of 126 investments was performing fully in line with expectations. The FTSE 250 firm had reporte
Read moreInternational Public Partnerships invests in US military housing
3rd Oct 2016 07:49
(ShareCast News) - International Public Partnerships, the FTSE 250 infrastructure fund managed by Amber Infrastructure, has invested $32m (£25m) in the US military housing sector, which offers a secure revenue stream and no residual value exposure. The company has invested the funds into interest-be
Read moreBalfour Beatty and HICL win place on Burbo Bank windfarm shortlist
13th Sep 2016 11:07
(ShareCast News) - London-listed trio Balfour Beatty, HICL Infrastructure and International Public Partnerships are among five groups to have their bids shortlisted to own and run the £230m transmission link with a new offshore windfarm in the Bay of Liverpool. On Tuesday regulator Ofgem confirmed t
Read moreInternational PPL grows NAV and profit in first half
1st Sep 2016 08:10
(ShareCast News) - Infrastructure investment company International Public Partnerships posted its half year results to 30 June on Thursday, with continued net asset value growth over the half year of 6.3% to £1.37bn. The FTSE 250 firm posted a NAV per share over the same period of 138.2 pence, up 6.
Read moreInternational Public Partnerships ups stake in ten Balfour Beatty interests
25th Aug 2016 08:56
(ShareCast News) - International Public Partnerships upped its stake in ten Building Schools for the Future interests from Balfour Beatty for £72.3m. The private finance specialist excercised existing preemption rights acquired as part of its purchase of Building Schools for the Future Investments i
Read moreInternational PPL to invest in Gold Coast light rail extension
28th Apr 2016 09:33
(ShareCast News) - Infrastructure investment company International PPL said the GoldLinQ consortium, of which it is a member, will make a further investment into a 7.3km extension to the Gold Coast Light Rail project in Queensland, Australia. The original A$1.29bn project delivered by the Queensland
Read moreInternational Public Partnerships posts record results
24th Mar 2016 07:32
(ShareCast News) - FTSE 250 infrastructure investment company International Public Partnerships posted strong growth in its portfolio on Thursday, with its net asset value rising 21.5% to £1.29bn in 2015. NAV per share was up 2.5% to 130.2p. The firm proposed a full year fully covered cash dividend,
Read moreINPP wins Ofgem approval to run Yorkshire's Westermost Rough windfarm
4th Feb 2016 15:48
(ShareCast News) - Energy regulator Ofgem has given the green light to International Public Partnerships (INPP) and its consortium to operate the 210 megawatt Westermost Rough wind-farm eight kilometres off the coast of Yorkshire. FTSE 250-listed INPP along with consortium partners Amber Infrastruct
Read moreInternational PPL to raise up to GBP450m to pay down debt, make investments
19th Oct 2015 15:26
(ShareCast News) - International PPL plans to raise up to £150m through a placing open offer and offer for subscription and up to £300m by way of a placing programme. The infrastructure fund said proceeds will be used to repay the company's cash drawn portion of its existing debt facility - £278m of
Read moreINPP completes first US investment
5th Oct 2015 09:20
(ShareCast News) - International Public Partnership (INPP) has invested approximately $48m (£32m) into a series of fully yielding mezzanine debt instruments acquired from US-based Federal Home Loan Mortgage Corporation. The investment, the firm's first in the US, is underpinned by security over seve
Read moreLearning Communities Consortium preferred bidder for Australia school project
2nd Sep 2015 08:17
(ShareCast News) - Infrastructure investor International Public Partnership (INPP) said the Learning Communities Victoria Consortium (LCVC) has been selected by the Victorian Department of Education and Training as the preferred bidder for a new project in Australia. The FTSE 250 group said LCVC wil
Read moreINPP plans to raise £18m through share issue
1st Sep 2015 07:54
(ShareCast News) - Infrastructure investor International Public Partnership (INPP) said it plans to raise £18m through a share issue to cut borrowings. INPP said it will issue up to 13.4m ordinary shares of 0.01p through a tap issue. The strike price will be agreed between house broker Numis and the
Read moreInternational Public Partnerships to commit £210m to sewerage tunnel
14th Jul 2015 09:05
(ShareCast News) - International Public Partnerships said it will commit £210m to a Thames sewerage project as part of a consortium. The FSTE 250 firm is part of the Bazalgette Consortium which was named preferred bidder for the £4.2bn Thames Tideway Tunnel project. Allianz, Amber Infrastructure Gr
Read moreInternational PPL expects net asset value to increase on declining bond yields
20th May 2015 09:39
Infrastructure investment group International Public Partnerships Limited expects its net asset value to have increased in the first quarter. The group said it based the forecast on the assumption that the decline in government bond yields in the markets in which it invest will offset the strengthen
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