International Public Partnerships Limited (INPP) half-year results show a 185.4% increase in profits year-on-year to £109.6 million (€128.9 million), an indication that infrastructure investing is growing exponentially.
The firm’s net asset value has increased since the start of the year by 6.3% to £1.37 billion from £1.29 billion on December 31, 2015.
Investment consultancy Arcadis recently announced that Infrastructure as an asset class is becoming increasingly attractive to private investors, from pension funds looking for low risk, economically regulated assets, to banks working with experienced contractors to finance large-scale projects.
The World Economic Forum welcomes infrastructure investing as it views it as beneficial to helping economies grow. In the organisation’s top ten countries for infrastructure investment five are in Europe; France, Germany, Spain, Switzerland and the United Kingdom.
INPP invests internationally in public infrastructure projects and has a total of over £60 million in five investments and commitments in the electricity transmission, regulated utility, education and transport infrastructure sectors.
“The UK and global infrastructure market continues to provide diversified investment opportunities as we maintain our focus on the early phases of governments’ procurement processes where we are a proven participant in the structuring and risk management of pipeline projects,” said Rupert Dorey, chairman of INPP.
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