3i infrastructure increases 2013 full year dividend by 3.2%

DividendMax Ltd.

3i infrastructure increases 2013 full year dividend by 3.2%

Steady net asset value progression - total return of £71 million (6.6% of opening net asset value) driven by a strong performance from the European portfolio and the stabilisation of the 3i India Infrastructure Fund in the second half of the year

Strong portfolio income generation - portfolio income of £82 million in the year, an increase of £10 million over last year

Renewed investment activity - £84 million invested and committed in the year, including £62 million in Cross London Trains and £19 million in two new primary PPP projects

Continued delivery of dividend objective - full year dividend of 6.7 pence per share, representing 5.5% of opening net asset value, in line with the Company's objective

Peter Sedgwick, Chairman of 3i Infrastructure plc, said: "We made good progress in the implementation of our strategy, which is to deliver our return objectives by maintaining and building a portfolio primarily focused on the core infrastructure market, while also increasing in a measured way our exposure to primary PPP and renewable energy projects. Furthermore, we have agreed a number of changes to the Investment Advisory Agreement which will benefit shareholders and, importantly, secure the services of 3i as Investment Adviser for the Company."

Ben Loomes and Phil White, Managing Partners and Co-heads, Infrastructure,
3i Investments plc, added: "We have continued to manage carefully and grow the value of the Company's portfolio. During the year, we enhanced our investment platform through the acquisition of an experienced and specialist PPP investment team in London and Paris. This has already resulted in new investments for the Company in the National Military Museum and Mersey Gateway Bridge primary PPP projects. We are seeing attractive investment opportunities in the core infrastructure market, which remains the Company's key area of focus."

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