24th May 2016 10:29
LONDON (Alliance News) - International Public Partnerships Ltd, a London-listed infrastructure investment company, on Tuesday said its portfolio of 122 public infrastructure investments are performing fully in line with expectations.
"The first quarter of 2016 has been another encouraging period in which the company has made four significant investments in the electricity transmission, education and transport infrastructure sectors, respectively. The company and its investment adviser also reached a milestone in the completion of the Priority Schools Building Programme, helping to fund improvements in a total of 46 UK schools," Chairman Rupert Dorey said in a statement.
"Having delivered a consistent 2.5% increase in the second half year dividend for 2015, we look forward to targeting similar successes in the next period," Dorey said.
Shares in International Public Partnerships were down 0.1% at 145.90 pence Tuesday.
By Samuel Agini; [email protected]; @samuelagini
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