International Public Partnerships (INPP), a listed infrastructure investment company focused on investing responsibly in social and public infrastructure, has confirmed a follow-on investment of about $45 million in the family housing for service personnel (FHSP) sector.
FHSP is one of the longest-standing social infrastructure sectors in U.S. public-private partnerships (P3s). INPP has invested in two additional interest-bearing subordinated debt instruments underpinned by security, spanning seven operational P3 FHSP projects that comprise 21,800 housing units located across the United States. INPP said the investment meets the environmental and social characteristics under Article 8 of the EU Sustainable Finance Disclosure Regulation designation.
The investment was sourced by the company’s investment adviser, Amber Fund Management, and was acquired from Amber’s affiliate, Hunt Companies Inc., one of the largest owners, managers and providers of ongoing services i