Investors

Governance

We are committed to upholding the highest standards of corporate governance and observe the requirements of the 2019 Association of Investment Companies Code of Corporate Governance. 

3i Infrastructure has no employees, and its investment and portfolio monitoring activities are carried out by 3i Investments plc, its Investment Manager, under the Investment Management Agreement. It is the Board’s responsibility to ensure that the Company has a clear strategy and that its Investment Manager has the resources and structures to support the delivery of this strategy.

The Board also has direct access to the Company’s external advisers, including the Company’s corporate brokers, financial adviser and legal advisers. The Board receives advice on a range of subjects but particularly on the infrastructure market, UK and Jersey legal matters and equity market issues. 

Our approach to corporate governance

The Company is committed to upholding the highest standards of corporate governance. It observes the requirements of the 2019 Association of Investment Companies Code of Corporate Governance  (“the AIC Code”), a copy of which is available from the Association of Investment Companies website (www.theaic.co.uk).

The Company complied with the provisions of the UK Corporate Governance Code for the financial year ending 31 March 2019, subject to the FCA’s Listing Rule 15.6.6(2), and to the extent applicable to the Company, given that it has no Executive Directors.

The Board has adopted a code for Directors’ dealings in ordinary shares, which is based on the Model Code for Directors’ dealings contained in the Listing Rules (the “Model Code”). The Board is responsible for taking all proper and reasonable steps to ensure compliance with the Model Code by the Directors.

Board of directors

The Board of Directors is responsible for ensuring that there is an effective organisational and reporting structure in place.

Valorem

3i Infrastructure plc invested in Valorem, a leading independent developer of renewable energy in France, in September 2016.

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