International PPL pours £9m into London fibre broadband project

Listed infrastructure investment company International Public Partnerships Limited has made its first investment into digital fibre-based network assets, it announced on Monday.

The FTSE 250 firm said it has invested £9m as part of its previously-announced commitment of up to £45m to the National Digital Infrastructure Fund.

“The investment has been made into Community Fibre - an ultra-fast full-fibre internet service to fund the rollout of full-fibre connectivity to a further 100,000 homes covering social and private housing estates across London,” the board explained in its short statement.