Amber Infrastructure Group (‘Amber’) announces acquisition of the Babcock & Brown PPP business and its appointment as Manager and Advisor of International Public Partnerships Limited (‘INPP’)
Amber Infrastructure Group Limited is pleased to announce its acquisition of the Babcock & Brown PPP business. Amber also announced today that it has formally been appointed as manager and adviser to International Public Partnerships Limited (formerly Babcock & Brown Public Partnerships Limited), the £388 million London Stock Exchange listed PPP fund.
Amber is a leading sponsor and manager of social and economic infrastructure projects with world wide expertise in the origination, development and management of long-term Public Private Partnership (PPP/3Ps) and Private Finance Initiative (PFI) infrastructure projects. The Amber team of over 40 executives led by Giles Frost, Hugh Blaney and Michael Gregory, was formed in 2009 out of the highly successful PPP business previously conducted and owned by Babcock & Brown. The acquisition of the former Babcock & Brown PPP business was also supported by the Royal Bank of Scotland.
Amber has one of the strongest and most experienced teams of social infrastructure professionals anywhere in the world who have collectively been responsible for 50 PFI and PPP investments with an aggregate value of more than £8.7billion in eight countries. This same team were also responsible for the creation and ongoing management of the PFI/PPP portfolio of International Public Partnerships (formerly Babcock & Brown Public Partnerships) since its inception in 2006.
Giles Frost, co-founder of Amber and Director of International Public Partnerships commented:
“The Amber team has one of the best track records in the industry in developing and managing in excess of £8 billion worth of PPP projects. Taking over the active international PPP development business of Babcock & Brown and the management and advisory arrangements relating to INPP ensures full continuity for all our staff, our public sector partners, our co-investors and for shareholders. With over 10 years experience in developing and investing in PPP projects, Amber will be a significant force in infrastructure markets both in the UK and overseas.”
Hugh Blaney, co-founder of Amber and Director of New Business Development, commented:
“Amber and INPP have an active bid pipeline in PPP and PFI both in the primary development sector and in the secondary market for operational assets. We are actively pursuing new project opportunities in international PFI markets, including the UK, Ireland, Italy, Belgium, Australia and Canada.”
For further information, please contact:
Amber Infrastructure Group: Tel: +44 20 7203 7300
Giles Frost/Hugh Blaney
Kreab Gavin Anderson: Tel: +44 207 554 1400
Byron Ousey/Michael Turner
Notes to Stakeholders:
Company Address: Level 14, 5 Aldermanbury Square
London, EC2V 7HR
Telephone: +44 20 7203 7300
Notes to Editors:
Amber Infrastructure Group Limited is a leading sponsor and manager of social and economic infrastructure projects. Amber has world wide expertise in the origination, development and management of long-term Public Private Partnership (PPP) and Private Finance Initiative (PFI) infrastructure projects. With a team of over 40 executives, Amber has one of the strongest and most experienced groupings of social infrastructure professionals anywhere in the world. The team has collectively been responsible for originating and developing projects with an aggregate value of more than £8.7billion in eight countries.