El Paso, Texas —Hunt Companies, Inc. (“Hunt”), through its wholly-owned subsidiaries, has completed an investment in Amber Infrastructure Group Holdings Limited (“Amber Infrastructure Group” or the “Company”), headquartered in London, England. Hunt acquired a fifty percent (50%) ownership of the Company with an ability to appoint a majority of directors at the Amber holding company.
The Amber team has sourced, developed and financed more than 125 social infrastructure, transportation, renewable energy and urban redevelopment projects across the UK, Europe, Canada and Australia with a total value exceeding £12 billion. The majority of Amber’s projects are public-private partnerships (PPP). Amber also provides management services on more than 80 infrastructure projects in eight countries. The majority of these projects are held in a series of funds which are managed by a subsidiary, Amber Fund Management Limited. The largest of these funds is International Public Partnerships Limited (INPP), a £1.1 billion global infrastructure fund listed on the London Stock Exchange. Amber was formed in 2009 through a management buyout of a global investment and advisory firm’s public-private partnership infrastructure team and portfolio. Amber’s earliest projects date from 1998 and, as long-term investors, Amber and its funds generally expect to retain investments until maturity.
“This is a very important and strategic investment for Hunt”, said Chris Hunt, Chief Executive Officer of Hunt. “We believe that there are significant public sector infrastructure opportunities in North America as it evolves to become the largest infrastructure market in the developed world. The addition of Amber as a partner with extensive expertise in all facets of infrastructure significantly expands the capabilities to Hunt’s platform.”
Hunt has worked successfully in PPP projects for decades deploying its development, construction, financing and management resources on behalf of government agency partners. Hunt is a nationally recognized leader in the most successful PPP program in the U.S., the Military Housing Privatization Initiative, having completed over 45 PPP projects in 21 states.
“We anticipate the strength of Amber and Hunt as a combined entity will generate enhanced flow of attractive infrastructure investment opportunities in North America,” said Giles Frost, Chief Executive Officer of Amber Infrastructure Group. “There are a number of projects in the U.S. on which we will partner immediately.”
About Amber Infrastructure Group
Amber Infrastructure Group is a leading international infrastructure specialist, providing asset management and investment advisory services in respect of assets in the UK, Europe, Australia and Canada.
Amber’s core business focuses on sourcing, developing, advising on, investing in and managing infrastructure assets within the utilities, PPP, transport, renewable energy and regeneration sectors. Amber provides investment advisory services to International Public Partnerships Limited as well as private investment funds, specializing in urban regeneration. Amber is headquartered in London with offices in Munich, Sydney, Melbourne and San Francisco and employs over 80 people, making it one of the largest international infrastructure specialists.
Visit the Amber website at www.amberinfrastructure.com for more information.
Hunt Companies, Inc. is a privately-owned company dedicated to building value through the development, investment, management and financing of real assets. Hunt has more than 1,000 direct employees across the U.S. and abroad. Together, Hunt and its affiliates own or manage 56,000 multifamily units and 4.9 million square feet of office, retail and industrial properties. Hunt has offices throughout the United States and abroad.
Hunt has over a long period focused on key areas of public-private partnerships, multifamily housing, military housing, community development, commercial and mixed-use development, land development, real asset investment management and property/asset management.
Hunt has led in development, construction, financing, and management of public-private partnership initiatives at the federal, state, and local levels. Hunt seeks to integrate operating expertise and investment capital to help our partners find solutions for their infrastructure challenges.
Visit the Hunt website at www.huntcompanies.com for more information.