Intl Public Share Price (INPP)

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.

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.

NEW CONTRACT BLOWS IN AT INTL PUBLIC PARTNERSHIP A consortium consisting of quoted infrastructure investment company International Public Partnerships plus Amber Infrastructure and Drapers Gardens has been appointed by Ofgem as the preferred bidder for the long-term licence and operation of a further offshore transmission project. This is the fifth such project for which the consortium, known as Transmission Capital Partners (TCP), has been appointed as the preferred bidder. The scheme comprises the transmission cable connection to Lincolnshire Offshore Wind Farm, and is the first project in the second round of tenders to be awarded by Ofgem, the regular for the UK electricity and gas markets. The five projects now awarded to TCP have an aggregate total investment cost of around £525m, including about £282m for the most recent project, and comprise onshore/offshore sub-stations and under-sea cables connecting the mainland electricity grid network to the offshore wind farms. The revenue term for each project is a minimum 20 years. The consortium is short-listed for a further two offshore transmission projects, which Ofgem is expected to award later this year. "Further concessions are expected to be developed as the offshore generation industry expands with a total development value of up to £14bn expected over the next eight years," International PP said. Source: http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=20087580 P.S. Here's a couple of links about SCLP, one of the hottest stocks at the moment: http://www.euroinvestor.com/community/discussionthread.aspx?threadid=252803 http://www.euroinvestor.com/community/discussionthread.aspx?threadid=253089

THE PREMIUM APPEAL OF INFRASTRUCTURE INVESTMENT TRUSTS Infrastructure trusts are trading on an average premium of 5.6%. Giles Frost, director of the International Public Partnerships trust, explains why. Interview link: http://citywire.co.uk/money/the-premium-appeal-of-infrastructure-investment-trusts/a589550

INPP SAYS ASSET PORTFOLIO CONTINUES TO PERFORM WELL IN JAN 1 TO MAY 15 PERIOD International Public Partnerships Limited (INPP.L), an infrastructure investment company, on Wednesday said the company's asset portfolio continues to perform well and that revenues and cash receipts are in line with management forecasts. In an Interim Management Statement, the company, known as INPP, said its portfolio of 119 public infrastructure investments arising from 69 projects continues to perform in line with expectations. The company noted that the negative effects of forex movements on Net Asset Value would be outweighed by the positive effects of falling risk free rates. The Board confirmed that it expects to increase distributions in future years at least in line with its long term inflation assumption of 2.5 percent per annum. "Overall, we continue to remain positive about the prospects for the Company, both in terms of the performance of its existing assets and the opportunity to add high quality assets to the portfolio during the remainder of 2012," the company stated. Source: http://www.rttnews.com/1887338/inpp-says-asset-portfolio-continues-to-perform-well-in-jan-1-to-may-15-period.aspx?type=qf&utm_source=google&utm_campaign=sitemap

INPP'S PLAN FOR £180M FUNDRAISING IN SECOND QUARTER International Public Partnerships expects to proceed with a placing, open offer and offer for subscription of new ordinary shares during the second quarter. The company noted in its annual results published on 19 April, that approximately £170m of investment, representing three current opportunities in respect of which it has exclusivity, have progressed to an advanced stage. In addition, the company has a strong pipeline of other longer term opportunities. The proceeds of the fundraising, which is expected to have a target size of £180m, are expected to be used to pay down the company's corporate revolving debt facility and fund the acquisition of the assets in respect of which it has exclusivity, leaving the company with the ability, through the revolving debt facility, to purchase additional accretive assets in the medium term. It is envisaged that a prospectus will be published in May. Source: http://www.stockmarketwire.com/article/4364207/INPP-plans-180m-fundraising-in-second-quarter.html