International 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
Read moreIPP consortium chosen for North Sea project
15th May 2015 09:08
A consortium including International Public Partnerships has been chosen as preferred bidder for a North Sea wind energy project, the investment company said on Friday. Transmission Capital Partners, the group chosen to provide an offshore transmission link project from the Westermost Rough Offshore
Read moreInternational PPL increases debt facility
12th May 2015 09:38
Investment group International Public Partnerships (INPP) said it had increased the size of its debit facility from £175m to £300m. The FTSE 250 group said that the new facility, provided by Royal Bank of Scotland and National Australia Bank, will expire in 2018, while the old facility was due for r
Read moreInternational Public Partnership increases stake in Lewisham project
20th Apr 2015 08:38
Investment group International Public Partnership (IPP) has acquired an additional 40% investment in the Lewisham Building Schools for the Future (BSF) project from Babcock Project Investments. The company said the acquisition will cost £14.3m and will bring its overall exposure to between 40% and 5
Read moreInternational Public Partnerships posts strong profits after investment drive
26th Mar 2015 08:39
Infrastructure investment company International Public Partnerships reported a sharp increase profits on the back of strong investments during the year. Profits before tax rose 26.9% to £71.2m, driving earnings per share to rise from 7.82p to 9.49p. The group said its income from portfolio investme
Read moreUK Mail CEO bags a bargain after posting dividend growth
19th Nov 2014 15:48
With share in his company down 44% from this year's earlier all-time high of 715p, UK Mail chief executive Guy Buswell has bagged a sackful of shares the day after the company hiked its dividend. Buswell bought 18,310 shares at a price of 405p, shelling out £74,156 in total a day after announcing fl
Read moreInternational Public Partnerships meets net asset value growth expectations
10th Nov 2014 10:06
Infrastructure investment company, International Public Partnerships (IPP), on Monday reported strong performance in a trading statement for the period from 1 July to 7 November. The group's portfolio of 112 public infrastructure investments is forecast to produce asset value growth results, in lin
Read moreHICL acquires stake in Sheffield project from International PPL
22nd Sep 2014 08:36
International Public Partnerships (INPP) has sold its minority stake in the Sheffield Building Schools for the Future (BSF) project for FTSE 250 peer HICL Infrastructure Company. The group said the disposal was being made on an opportunistic basis after HICL, which already owned a 40% stake, made th
Read moreInternational PPL takes "key step" in Lincs offshore transmission project
18th Sep 2014 11:11
International Public Partnerships (INPP) said it has taken a "key step" with the Lincs offshore transmission project following an announcement by Ofgem. INPP is part of a consortium that was selected by the regulator to own and operate the high voltage transmission link to the 250 megawatt offshore
Read moreLondon pre-open: Stocks seen lower ahead of US jobs report
5th Sep 2014 07:44
City sources predict the FTSE 100 will open around 12 points lower than Thursday's close of 6,877.97. The US Bureau of Labor Statistics will release its non-farm payrolls (NFP) report and its latest estimate on the unemployment rate. Analysts expect the data to show employers added 230,000 in Augus
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