International Public Partnerships Company Research (INPP)

International Public Partnerships (INPP) has agreed the sale, for £32m, of a minority part of its investment in Angel Trains, at a very attractive premium to the end-FY24 valuation. The transaction reflects INPP’s continuing focus on optimising its portfolio while supporting both capital returns and attractive reinvestment opportunities. The company says the sale proceeds will support the ongoing share buyback programme, together with its future investment commitments, such as the recently announced c £250m commitment to Sizewell C.