IPPL buys small UK PPP portfolio

FTSE 250 listed infrastructure investment company International Public Partnerships Limited said it had bought a small portfolio of UK public-private partnership investments for an initial £3.1m.
The portfolio is made up of interests in two community hospitals and minority interests in the Building Schools for the Future (BSF) projects. Investment in minority interests in a further five BSF schemes from the same portfolio, representing up to £3m of additional investment, will be made by the company in the coming months, IPPL said on Thursday.