Fund management group M&G Investments and Amber Infrastructure, which runs International Public Partnerships (INPP +), have been appointed to manage the government’s Digital Infrastructure Investment fund (DIIF).
The government has committed £400 million for the DIIF, which will be split into two mandates. The first is the National Digital Infrastructure fund (NDIF), managed by Amber Infrastructure, which will invest in businesses and projects that build digital fibre-based networks and related infrastructure. Investments are expected to be made over the next four years.
INPP, a FTSE 250-listed infrastructure investment company, has committed up to £45 million to the fund, while the government has allocated £150 million. Amber Infrastructure bid alongside INPP and has committed £5 million to the fund.
http://citywire.co.uk/money/mandg-inpp- ... d/a1030280
I note infrastructure IT's are at significant premiums currently.
Disc: I hold INPP.