International Public Partnership Ld Further Investment in Digital Infrastructure (2428F)
October 26 2018 - 2:00AM
UK Regulatory
TIDMINPP
RNS Number : 2428F
International Public Partnership Ld
26 October 2018
INPP makes further investment in digital infrastructure
26 October 2018
International Public Partnerships, the listed infrastructure
investment company (the 'Company', 'INPP'), will invest up to
c.GBP9.9 million into Nextgenaccess Ltd ('NGA'), a developer of
ultrafast wholesale and custom fibre infrastructure. The NGA
investment falls within the framework of INPP's already announced
overall commitment of up to GBP45 million to digital infrastructure
via the National Digital Infrastructure Fund ('NDIF'), alongside HM
Treasury.
INPP's investment is part of NDIF's overall GBP22 million
investment into NGA announced today. NDIF will acquire a
substantial minority shareholding in NGA and provide capital
facilities to support NGA's growth. The funding will help finance
plans to deploy over 1,000km of new strategic high-capacity fibre
routes across the UK by the end of 2020.
The Company's original announcement of its commitment to NDIF
can be found here:
https://www.internationalpublicpartnerships.com/news-media/regulatory-news/.
More information on NDIF's investment into NGA is available
here: https://www.amberinfrastructure.com/news/press-releases/.
ENDS.
For further information:
Erica Sibree/Amy Joslin +44 (0)20 7939 0558/0587
Amber Fund Management Limited
Hugh Jonathan +44 (0)20 7260 1263
Numis Securities
Ed Berry/Mitch Barltrop +44 (0) 20 3727 1046/1039
FTI Consulting
About International Public Partnerships (INPP):
International Public Partnerships ('INPP') is a listed
infrastructure investment company which invests in global public
infrastructure projects and businesses.
Listed in 2006, INPP is a long-term investor in 129
infrastructure projects and businesses, including schools,
hospitals, courts, police headquarters, transport and utility and
transmission projects in the UK, Europe, Australia and North
America. INPP seeks to provide its shareholders with both a
long-term yield and capital growth through investment across both
construction and operational phases typically of 25-40 year
concessions.
Amber Infrastructure Group ('Amber') is the Investment Adviser
to INPP and consists over 120 dedicated staff who manage, advise on
and originate investments for INPP.
Visit the INPP website at
www.internationalpublicpartnerships.com for more information.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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