Intl Public encouraged by pipeline of PFI opportunities

Infrastructure investor International Public Partnerships (INPP) said its portfolio of assets continues to perform in line with expectations and with high levels of satisfaction from public sector clients.

Infrastructure investor International Public Partnerships (INPP) said its portfolio of assets continues to perform in line with expectations and with high levels of satisfaction from public sector clients.

The market for infrastructure continues to receive high levels of interest from both retail and institutional investors as they recognise the benefits of the asset class, INPP said.

As at November 14th, the portfolio comprised economic interests in 122 projects, of which 107 were in the UK, seven were in Australia, two apiece were in Canada and Germany while Belgium, Ireland, France and Italy all weighed in with one project each.

The group sees no sign of waning enthusiasm on the part of governments for the participation of private sector involvement in public infrastructure projects. In the UK, the government is keen to persuade pension funds to participate in the provision of infrastructure schemes while there are also a number of investment opportunities in Australia and Europe, mainly in the regulated asset, transmission, education, transportation and health sectors which has piqued the interest of the fund's investment advisor.

There continues to be a limited number of new start "greenfield" project opportunities in the UK and other markets, however, which limits the opportunity to invest in new construction phase assets. Nevertheless, the nature and number of current opportunities with respect to operational assets, such as offshore wind farms, make up for this, in the company's view. As a result, however, the company expects construction project will form a smaller proportion of the portfolio in the short to medium term than in prior periods.

Overall, the company continues to remain positive about its prospects for the remainder of 2012 and into 2013.

JH

Recommended

The ten highest dividend yields in the FTSE 100
Income investing

The ten highest dividend yields in the FTSE 100

Rupert Hargreaves takes a look at the companies with the highest dividend yields in the UK’s blue-chip index
23 Jan 2023
The top ten dividend stocks in the FTSE 250
Share tips

The top ten dividend stocks in the FTSE 250

The average FTSE 250 dividend yield is around 4%, but many stocks yield much more. Rupert Hargreaves picks the best FTSE 250 stocks for income investo…
17 Jan 2023
The top funds to invest in
Funds

The top funds to invest in

As market volatility and recessionary fears continue, here are the most popular funds, stocks and trusts investors are putting their money into accord…
5 Jan 2023
Investing trends to watch out for in 2023: what analysts say
Investment strategy

Investing trends to watch out for in 2023: what analysts say

What are sensible strategies for high inflationary times? We ask analysts to find out.
22 Dec 2022

Most Popular

House prices could fall 30%. Should investors be worried about a repeat of 2008?
Investments

House prices could fall 30%. Should investors be worried about a repeat of 2008?

Some analysts are predicting that house prices could fall as much as 30%, which, when compared to the fact that prices have jumped 28% since April 201…
24 Jan 2023
Will energy prices go down in 2023?
Personal finance

Will energy prices go down in 2023?

Wholesale gas prices are on a downward trajectory, but does this mean lower energy bills later this year?
27 Jan 2023
Council tax increases 2023 – how much more will you pay?
Tax

Council tax increases 2023 – how much more will you pay?

Your council tax bill will go up in April - we reveal the councils that have confirmed what this year’s increase will be.
23 Jan 2023