International Public Partnerships Completion of further investment in Angel Trains (1911M)
17 Septiembre 2021 - 8:04AM
UK Regulatory
TIDMINPP
RNS Number : 1911M
International Public Partnerships
17 September 2021
COMPLETION OF Further investment in Angel Trains
17 September 2021
Further to its announcement on 3 September 2021, International
Public Partnerships Limited (the 'Company', 'INPP'), the listed
infrastructure investment company, is pleased to announce that it
has completed its acquisition of a further c.5% shareholding in
Angel Trains ('Angel').
The Company notes that its c.GBP98 million investment to acquire
the additional c.5% in Angel was financed using existing cash
balances together with drawings against its corporate debt
facility, which, following completion of the transaction, is
currently GBP70 million drawn.
ENDS.
For further information:
Erica Sibree/Amy Edwards +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 is a listed infrastructure investment company that invests
in global public infrastructure projects and businesses, which
meets societal and environmental needs, both now, and into the
future.
INPP is a responsible, long-term investor in over 130
infrastructure projects and businesses. The portfolio consists of
utility and transmission, transport, education, health, justice and
digital infrastructure projects and businesses, in the UK, Europe,
Australia and North America. INPP seeks to provide its shareholders
with both a long-term yield and capital growth.
Amber Infrastructure Group ('Amber') is the Investment Adviser
to INPP and consists of 150 staff who are responsible for the
management of, advice on and origination of infrastructure
investments.
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END
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