3i defines infrastructure as asset-intensive businesses providing essential services over the long-term, often on a regulated basis or with a significant component of revenue and costs that are subject to long-term contracts.
3i achieves its exposure to the infrastructure sector primarily through its shareholding in 3i Infrastructure plc and commitment to the 3i India Infrastructure Fund. 3i Investments plc, a wholly-owned subsidiary of 3i, advises 3i Infrastructure in its investments and acts as fund manager of the 3i India Infrastructure Fund.
Through its 33.3% investment in 3i Infrastructure plc, 3i is committed to building its exposure to a portfolio of high-quality infrastructure assets diversified across different stages of the asset life cycle and with a balanced risk profile within the sector. It seeks investment opportunities across the globe, with a focus on Europe, North America and Asia.
3i Infrastructure is a Jersey-incorporated permanent capital vehicle which was admitted to the London Stock Exchange in March 2007 and is a constituent of the FTSE 250 index. With a typical appetite of between €50 million and €200 million per deal, it focuses on assets in the transport, utilities and social infrastructure sector.
3i India Infrastructure Fund is a $1.2 billion LLP fund that applies 3i's infrastructure investment expertise in the rapidly growing Indian market. 3i and 3i Infrastructure plc have each committed $250 million to the fund alongside private investors. The fund focuses on the power, ports, road and airports sectors, and targets individual investments of between $50 million and $200 million.