Aberdeen Standard Investments Invests £60m for UK Public Infrastructure
09 October 2018
Aberdeen Standard Investments infrastructure debt team has provided over £60 million to Semperian PPP Investment Partners Limited for essential public infrastructure. The £60m will help Semperian grow and purchase new PPP and infrastructure investments.
Semperian is a UK company launched in 2007 with the aim of investing in UK social infrastructure projects that deliver essential public services to local communities. Semperian currently has 93 investments that includes the provision of 163 schools, 15,000 hospital beds and 508km of roads.
Aberdeen Standard Investments sourced and underwrote this investment on behalf of two clients – Phoenix Life Limited and SICF*. It will deliver a long-term reliable income stream until 2035, some of which is linked to inflation.
Jeremy Allcock, head of infrastructure debt at Aberdeen Standard Investments, said:
"Private debt continues to grow in popularity among investors who are looking for additional yield and diversified exposure. This investment allow us to provide long-term financial support for community projects, whilst delivering a sustainable stream of cash flows for our clients.”
*SICF aims to deliver a reliable stream of cash flows by investing in a diversified portfolio of infrastructure debt, commercial real estate debt, private placement bonds and other areas of private credit.