Further Investment in Digital Infrastructure

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.£9.9 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 £45 million to digital infrastructure via the National Digital Infrastructure Fund ('NDIF'), alongside HM Treasury.

INPP's investment is part of NDIF's overall £22 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                                                                [phone]/0587

Amber Fund Management Limited                                                         

Hugh Jonathan                                                                               [phone]

Numis Securities            

Ed Berry/Mitch Barltrop                                                               [phone]/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.

 

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