Amber Infrastructure (‘Amber’), the Investment Adviser to International Public Partnerships Limited (‘INPP’ or the ‘Company’) notes INPP’s announcement that it has successfully raised £75.6 million before costs and expenses.
The proceeds will be used to pay down the cash drawn portion of INPP’s corporate debt facility which has been used to finance INPP’s recent investments. This will also put INPP in what the Company believes to be a strong position to pursue the strong pipeline of investment opportunities currently under consideration.
The capital raising received support from new and existing shareholders and is a testament to the quality and diversification of the Company's investment pipeline and the strength of its existing portfolio, which underpins the generation of robust, long-term inflation-linked returns.
Further details on the transaction can be found on INPP’s website here.
For further information:
Amber Fund Management Limited
Erica Sibree / Amy Joslin
+44 (0)20 7939 0558 / 0587