INPP sees ‘positive' infra market

30 August 2012 Infrastructure investment group International Public Partnerships (INPP) has signalled an optimistic note on the future of the PPP sector following its first-half results.
The investor reported over £200m growth in its net asset value during the six months to 30 June. Pre-tax profits reached £19.4m, up from £11.4m at the same time last year.

INPP also raised £200m of new equity capital from shareholders – above the initial target of £180m – during the period, allowing it to increase its investment in projects coming to maturity.

Looking to the future, the investor said a good pipeline remains in place with opportunities in the UK coming from offshore transmission and follow-on investments through the Building Schools for the Future programme.

It also reported “promising” opportunities in Germany and Australia.

“The continued government commitment for infrastructure investment across the geographic regions in which we operate [means] the outlook for the sector remains positive,” said INPP chairman Keith Dorrian.

This page was last updated on:
21 November 2017.

thumb

Action not words

UK ministers need to recognise that simply stating the problem and the needs is not the same as developing effective policies to deliver new homes

thumb

The Delivery Man

Gerard Cahillane, deputy director at Ireland’s NDFA, tells Paul Jarvis about delivering the next round of investment

register

Register now to get un-restricted access to all sections of the website.

Want to see more first? Try our free preview...