International Public Partnerships (INPP) has made its first investment in Denmark, acquiring an interest in a portfolio of four Danish public-private partnerships (PPPs) for about £14m (€16.5m).
The London-listed fund, advised by Amber Infrastructure, said it provided a platform for further investments in the country.
The PPP projects comprise a land registry court archive building in Hobro accommodating 150 public-sector employees, a car parking facility adjoined to a regional hospital in Randers, and schools in Ørsted and Vildbjerg.
INPP said the investments were in line with the UN’s sustainable development goals 4, 9 and 6 (quality education; industry, innovation and infrastructure; peace, justice and strong institutions, respectively).
The investments provide exclusively availability-based revenue streams with public-sector counterparties backed by the Danish state, and long-term stable cash flows of up to 20 years, INPP said.
Mike Gerrard, chair of INPP, said: “We are delighted that the company has made its first investment in Denmark and, through Amber, we are able to see an interesting range of further investments opportunities in the region.”
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