The Amber-advised International Public Partnerships Limited (‘INPP’, the ‘Company’), the listed infrastructure investment company, is pleased to note that this month marks the 10 year anniversary of its investment in Gold Coast Light Rail, as part of the GoldlinQ consortium. Gold Coast Light Rail is an integrated light rail system situated in Queensland’s Gold Coast.
The project, which was awarded to the GoldlinQ consortium in June 2011 involved the design, build, operation and maintenance in two stages. Stage 1 of the project has been open to passengers since July 2014.
Since then, it has carried more than 55 million passengers with patronage increasing 33 per cent when the Stage 2 extension to Helensvale opened in December 2017. Average daily trips on the light rail network have increased by c.62%1, which has helped reduce road traffic and improve connectivity and amenity on the Gold Coast.
Please see more information here: https://www.goldlinq.com.au/news-and-media/goldlinq-celebrates-10-year-milestone
For further information:
Amber Infrastructure Limited Erica Sibree/Amy Edwards |
+44 (0)20 7939 0558/0587 |
Amber Infrastructure Group
Amber Infrastructure ('Amber') is an international infrastructure specialist, focused on investment origination, development, asset management and in Europe, fund management. Amber’s core business focuses on infrastructure assets across the public, transport, energy, digital and demographic infrastructure sectors that support the lives of people, homes and businesses internationally.
Amber is headquartered in London with offices in Europe, North America and Australia and employs over 150 infrastructure professionals.
[1] During the period 2014/2015 to 2018/2019 (Gold Coast Light Rail Status Report 2019)