International Public Partnerships Limited

Capital/Financing Update • Oct 26, 2018

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

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                                                                +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

ACQUVRNRWKARUAA