RNS Number : 2428F International Public Partnership Ld 26 October 2018
INPP MAKES FURTHER INVESTMENT IN DIGITAL INFRASTRUCTURE
26 October 2018
Interna onal 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 Na onal 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 substan al minority shareholding in NGA and provide capital facili es 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 informa on on NDIF's investmenthttps://www.amberinfrastructure.com/news/press-releases/.
intoNGAisavailablehere:
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 FTI Consulting
+44 (0) 20 3727 1046/1039
About International Public Partnerships (INPP):
Interna onal 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 in129 infrastructure projects and businesses, including schools, hospitals, courts, police headquarters, transport and u lity 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 atwww.internationalpublicpartnerships.comfor more information.
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International Public Partnerships Ltd. published this content on 26 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 October 2018 06:11:15 UTC