NDIF Sale of NextGenAccess

RNS Number : 9667Z

International Public Partnerships

20 September 2022

 

NDIF SALE OF NEXTGENACCESS

20 September 2022

International Public Partnerships Limited ('INPP', the 'Company'), the FTSE 250 listed investment company which invests in public or social infrastructure assets and related businesses internationally, notes the successful sale of NextGenAccess Ltd ('NGA') to ITS Technology Group ('ITS'). The Amber-managed National Digital Infrastructure Fund ('NDIF'), in which INPP is invested, invested in NGA, a provider of custom dark fibre infrastructure, in 2018.

NGA owns and operates a network of ultrafast wholesale fibre broadband infrastructure across England and Wales. NDIF has financed a major expansion of its network across the UK, deploying high capacity fibre routes supporting enterprise and business customers across Bristol, Newport, Essex and London. NGA will continue to operate as a standalone business as part of ITS.

ENQUIRIES:

Amber Fund Management Limited

Erica Sibree / Amy Edwards

T: [phone]/[phone]

ABOUT INTERNATIONAL PUBLIC PARTNERSHIPS:

INPP is a listed infrastructure investment company that invests in global public infrastructure projects and businesses, which meets societal and environmental needs, both now, and into the future.

INPP is a responsible, long-term investor in over 140 infrastructure projects and businesses. The portfolio consists of utility and transmission, transport, education, health, justice and digital infrastructure projects and businesses, in the UK, Europe, Australia and North America. INPP seeks to provide its shareholders with both a long-term yield and capital growth.

Amber Infrastructure Group ('Amber') is the Investment Adviser to INPP and consists of over 160 staff who are responsible for the management of, advice on and origination of infrastructure investments.

 

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