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LONDON (Alliance News) - Infrastructure investment company 3i Infrastructure PLC on Tuesday said its portfolio continued to perform well in the third quarter and it continues to see good opportunities for investment.
The FTSE 250-listed company said it generated a portfolio income of GBP14.5 million in the quarter, taking its total income for the nine months to the end of December to GBP41.6 million, down from GBP60.9 million a year earlier when it got a GBP27.1 million boost from the sale of Eversholt Rail.
3i Infrastructure said it continues to see good opportunities for investments across its key markets of infrastructure businesses, primary public-private partnerships and low-risk energy projects.
"The portfolio continues to perform well, delivering good levels of income. Supported by the company's recent investments, and the pipeline of opportunities that the investment adviser continues to develop, the outlook for the company remains positive," said Chairman Richard Laing.
Shares in 3i Infrastructure were untraded early Tuesday, having last traded at 170.80 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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