IPP 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
Read moreINPP sees NAV rise in first half
28th Aug 2014 10:02
British investment company International Public Partnership (INPP) saw its net asset value (NAV) grow 1.8% to £952.1m in the six months ended 30 June. The group's NAV per share increased from 123.0p to 124.8p, while a fully covered cash dividend of 3.15p per share was declared, up 2.5% on last year
Read moreInternational Public Partnerships sells stake in French project
28th Jul 2014 10:30
International Public Partnerships (INPP) has disposed of its holding in Medicast SAS, the Amiens hospital public-private partnership project in France. The 95% holding was sold to Atlante Property Management, a boutique French asset management company specialising in PPP asset management and origin
Read moreIntl Public Partnerships posts solid 2013 NAV growth
27th Mar 2014 09:14
International Public Partnerships moved higher on Thursday morning after the group posted solid net asset value (NAV) growth for the full-year ended December 31st. The NAV climbed 8.6% to £935.4m from £861.0m a year earlier, equal to 123p per share from 121p at the end of 2012. The group reporte
Read moreFTSE 250 movers: Gold miners track Randgold higher
3rd Feb 2014 15:20
Gold miners Centamin and African Barrick Gold tracked sector peer Randgold higher after the FTSE 100 constituent said it hit targets for 2013, boosted gold production to a new record level and expects output to rise over the next five years. A 1.77% increase in the gold price, possibly in reaction
Read moreInternational PPL restructures Building Schools for the Future portfolio
3rd Feb 2014 09:02
International Public Partnerships (INPP) has made a number of acquisitions and disposals within its Building Schools for the Future (BSF) portfolio. The UK investment company will buy a 60% interest in the Kent BSF education project from Kier Project Investments. INPP will invest £7.2m and will
Read moreInt'l Public Partnerships to take over German government office project
27th Jan 2014 07:47
Infrastructure investment firm International Public Partnerships (IPP) has snapped up a majority stake in a project that will build the new office building of the Federal German Ministry of Education and Research in Berlin. IPP is paying €11.9m for a 97% equity interest and 100% of the subordinated
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