3i Infrastructure Ltd
12 April 2007
The Board of 3i Infrastructure Limited notes today's announcement by 3i Group
plc and India Infrastructure Finance Company Limited ('IIFCL') of a strategic
partnership dedicated to investing in infrastructure assets in India.
Under the terms of the advisory agreement between 3i Infrastructure Limited and
3i Investments plc this arrangement will result in 3i Infrastructure Limited
being offered the right to invest in the funds that are set up to implement this
partnership.
Peter Sedgwick, Chairman of 3i Infrastructure Limited, stated: 'An important
part of 3i Infrastructure Limited's strategy, as set out in the recent
Prospectus, is to invest in Asian infrastructure. This partnership will
generate attractive opportunities to enable the Company to meet this objective.'
Michael Queen, Managing Partner and Head of Infrastructure at 3i Investments
plc, commented: 'This strategic partnership with IIFCL is an important step for
3i Infrastructure Limited providing further evidence of the ability of 3i
Group's international network to deliver not just infrastructure investment
opportunities but also strategic relationships which will be of long term
benefit to 3i Infrastructure Limited's shareholders.'
This information is provided by RNS
The company news service from the London Stock Exchange
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