New Zealand Schools 3 PPP
New Zealand Schools 3 PPP
The NZ Schools 3 PPP includes five schools located across New Zealand.
About
All sites have a unique cultural narrative fostering a strong and distinct identity with its community and include specific units for students with special educational needs within the facility.
- Matua Ngaru Primary School, Auckland opened in 2019 with a capacity of 560 students for years 1-8
- Te Uho O Te Niaku Primary School, Auckland opened in 2019 with a capacity of 560 students for years 1-8
- Te Ao Mārama Primary School, Hamilton opened in 2019 with a capacity of 560 students for years 1-8
- Shirley Boys High School, Christchurch opened in 2019 with a capacity of 1,200 students for years 9-13
- Avonside Girls High School, Christchurch opened in 2019 with a capacity of 1,200 students for years 9-13
The three primary schools offer contemporary learning environments with learner centric areas. The facilities foster collaboration and connectivity with general learning areas having access to multiple outdoor learning spaces. All primary schools have a multi-purpose hall, sports field, hard courts, central courtyards and dedicated science and technology spaces.
The two secondary schools and are on a combined site providing efficiencies of scale. While each maintains its own separate identity and teaching spaces, the schools share a 750-seat performing arts centre, three full sized indoor gymnasiums, four full sized sports fields with a 400m running track and a fully equipped commercial teaching kitchen. Sophisticated building management systems control energy usage and provides efficiency through maximising daylight and sensing occupancy in areas.
The primary schools have been master-planned for future expansions.
Revenues are availability-based and paid by the New Zealand Government.
Key impacts and benefits
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Why we invested
NZ Schools 3 PPP provides educational facilities to meet the local demand and optimally support the educational vision of each school. These new state of the art facilities are attended to by experienced multinational facilities management contractors. The investments provide stable long-term, index-linked cash flows backed by high quality public sector counterparties.
- Stable Income from high quality counterparties: The investment companies receive availability-based revenues from public sector counterparties
- International Delivery Model: INPP has invested in PPP assets in Australia, Canada, New Zealand, Europe and the UK
- Long Term, Predictable Cash Flows: PPP concessions will typically last for between 25 and 35 years
- Risk Transfer: Construction and operational risks are transferred to investment company’s supply chain partners
- Inflation-Protected Revenues: Revenues are generally inflation-linked and indexed to local inflation measures, such as the UK’s Retail Price Index (‘RPI’)
- Critical Infrastructure: INPP’s PPP investments deliver much needed critical infrastructure to the public sector, supporting local societies and communities across our key geographies
Sustainable Development Goals (SDGs)
2030 Agenda for Sustainable Development adopted by UN Member States in 2015
SDGs supported:
Outcomes
- International presence: INPP has long-term investments in over 260 schools globally, delivering the capacity for over 135,000 pupil places to the local populations
- Focus on new build infrastructure: INPP has invested in over 145 new build schools
- Quality education: INPP has helped to deliver resilient infrastructure that supports equitable and lifelong learning opportunities for all (SDG 4)