(Alliance News) - International Public Partnerships Ltd on Thursday said its portfolio of over 140 projects has "performed well" since the start of July.

The London-based infrastructure and business investment firm said in the second half of 2022 so far, it has invested a total of GBP42 million. It also has a GBP200 million near-term investment pipeline.

Looking ahead, International Public Partnerships noted that the competition and demand for types of investments it invests in remain high as it said it had a "strong" pipeline of attractive opportunities covering social accommodation, health, offshore transmission and transport sectors.

Shares in International Public Partnerships were 0.4% higher at 153.60 pence each on Thursday morning in London.

By Tom Budszus; tombudszus@alliancenews.com

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