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INPP to invest up to £45m in digital infrastructure

03 July 2017 07:30

International Public Partnerships has committed jointly with HM Government to make an investment in digital infrastructure and particularly fibre optic broadband connections.

The company said it saw long term parallels between the essential nature of broadband connectivity to the home and workplace, and the established businesses of gas and electricity distribution and transmission with which it was already experienced. INPP said the investment that it has committed to would be made through a co-investment vehicle into which INPP has committed up to £45 million and HM Government had committed up to £150 million.

It said this co-investment vehicle had been established as part of the UK Government's Digital Infrastructure Investment Fund initiative launched today by Exchequer Minister Andrew Jones MP at a conference in Peterborough.

Story provided by StockMarketWire.com

Related Company: INPP

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