International Public Partnerships will incur a cost of no more than £1.5m from the collapse of Carillion and said there was "no impact" on the public availability at the 24 public sector facilities affected.
National Grid said it had agreed to sell its 25% stake in distributor Cadent Gas to the Quadgas consortium for £1.2bn.
(WebFG News) - Listed infrastructure investment company International Public Partnerships Limited has made its first investment into digital fibre-based network assets, it announced on Monday.
Following the collapse of construction and outsourcing group Carillion, the government said it will take on some contracts and others will be re-tendered to other contractors.
Infrastructure investment company International Public Partnerships has entered into a binding commitment to acquire a stake in the new public private partnership police centre of South-East Hesse in Offenbach, near Frankfurt in Germany.
International Public Partnerships has begun to raise £80m to pay down debt after its recent investments in Australian rolling stock and ahead of further spending on UK offshore electricity transmission.
Infrastructure investment company International Public Partnerships Limited has acquired an additional interest in the Australian rolling stock public-private partnership, the Reliance Rail PPP Project.
Infrastructure investment group International Public Partnerships said on Monday that Transmission Capital Partners, the consortium comprising INPP, Amber Infrastructure and Transmission Investment, has been appointed as preferred bidder for the long-term license and operation of a further offshore transmission project.
Ofgem appointed a consortium of International Public Partnerships and Transmission Capital Partners as the preferred bidder to own the offshore transmission link to the Dudgeon wind farm offshore Norfolk.
Public infrastructure projects firm International Public Partnerships updated the market on its portfolio performance for the period from 1 July to 15 November on Thursday, saying its portfolio of 127 investments in regulated and public infrastructure projects is performing fully in line with expectations.
International Public Partnerships posted its half-year results for the six months to 30 June on Thursday, claiming healthy net asset value growth of 21.8% to £2bn, and net asset value per share growth of 1.8% to 144.7p.
Infrastructure investment company International Public Partnerships announced on Monday that it had committed jointly with HM Government to make an investment in digital infrastructure - particularly fibre optic broadband connections.
Global infrastructure project investment company International Public Partnerships Limited updated the market on its portfolio performance for the period from 1 January to 26 May on Tuesday, with the board claiming its portfolio of 127 investments in regulated and public infrastructure projects was performing fully in line with expectations.
International Public Partnerships announced on Tuesday that the company has successfully completed its placing, open offer and offer for subscription.
International Public Partnerships has snapped up a larger stake in a UK school refurbishment project from Carillion for £1.5m, which it said would immediately contribute to its portfolio returns.
International Public Partnerships posted its full-year results for the 12 months to 31 December on Thursday, reporting net asset value growth of 24.3% to £1.6bn.
Infrastructure investor International Public Partnership expects to its investment in the National Grid's gas distribution network to be completed in the next few weeks.
Ofgem has confirmed the shortlist of bidders competing to own and operate £2bn of offshore transmission links to the Dudgeon, Rampion and Race Bank windfarms off the coasts of Norfolk and Sussex, including Balfour Beatty, HICL and International Public Partnerships Limited.
Listed infrastructure investment company International Public Partnerships announced on Wednesday that it has acquired a further 3.33% interest in the Gold Coast Light Rail Project from Aveng Group.
National Grid is to sell a 61% stake in its gas distribution business to a consortium of investors for about £3.6bn and then return £4bn to shareholders.